High-end luxury brands like Bentley for cars, Louis Vuitton for handbags, and Rolex for watches use ________ distribution, giving a limited number of dealers the sole right to sell products in a specified geographic territory
A) inclusive
B) horizontal
C) intensive
D) exclusive
E) vertical
D
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Marketers often segment international markets according to the type and stability of government. In such instances, they segment markets based on ________
A) geographic location B) economic factors C) cultural factors D) political factors E) socio-cultural factors
________ is a type of trademark dilution where a party uses another party's famous mark to designate a product or service in another market so that the unique significance of the famous mark is weakened.
A. Confusing B. Blurring C. Tarnishing D. Rusting
In a channel of distribution, the function of wholesaling must be performed, but the wholesaler can be removed.
Answer the following statement true (T) or false (F)
Netherland Corporation has the following unadjusted balances: Accounts Receivable, $80,000 (debit), and Allowance for Sales Discounts $300 (credit). Of the receivables, $50,000 of them are within the 2% discount period, and Netherland expects buyers to take $1,000 in future- period discounts ($50,000 × 2%) arising from this period’s sales. The adjusting entry to estimate sales discounts is (are):
