Briefly explain the relationship among the 4 Ps
What will be an ideal response?
The 4 Ps were intended to refer to the combination of elements that a business controls to satisfy customers; each element is considered both distinct and interdependent, with changes in one element affecting the rest.
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Which of the following is true of a fully disclosed agency?
A) The third party does not know the identity of the principal. B) The third party knows the name of the principal, but all transactions are done with the agent. C) The contract is between the principal, agent, and the third party. D) The principal is liable on the contract with a third party.
The primary ________ norms that influence judges' decisions are justice, stability, freedom, and efficiency
A) ethical B) illusory C) contextual D) procedural
How has the Code affected the rights of good faith purchasers with respect to minors?
Like all business communication, the purpose of informal communication within an organization is to ____.
A. inform B. persuade C. promote goodwill D. all of the above