Which of the following statements about sales promotions is FALSE?
A. Changes in technology have made sales promotions more efficient.
B. An appropriate sales promotion depends on the situation and objectives.
C. Sales promotions have increased because of competition in emerging markets.
D. The availability of more ad agencies and specialists has spurred growth in sales promotions.
E. Sales promotions can be used as tools to overcome consumer price resistance.
Answer: C
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The use of realistic predetermined unit costs to facilitate product costing, cost control, cost flow, and inventory valuation is a description of the
a. flexible budget concept. b. budgetary control concept. c. capacity level concept. d. standard cost accounting concept.
What is the name of the 2005 book by Jean Lipman-Blumen that explored the question ‘why do people follow bad leaders’?
A. first followers B. leaders eat last C. the art of followership D. the allure of toxic leaders
A spot transaction in the interbank market for foreign exchange would typically involve a two-day delay in the actual delivery of the currencies,
while such a transaction between a bank and its commercial customer would not necessarily involve a two-day wait. Indicate whether the statement is true or false.
In rem jurisdiction gives state courts jurisdiction to:
a. resolve disputes over property located in a neighboring state b. resolve disputes over property owned by its residents, but located in another state c. resolve disputes over property owned by foreigners d. resolve disputes over property leased in other states e. none of the other answers are correct