Explain the concept of nonstore retailing, giving one example of a well-known product that has been marketed this way
What will be an ideal response?
Nonstore retailing is any method a firm uses to complete an exchange that does not require a customer to visit a store. The textbook mentions Avon and Tupperware.
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One advantage of a joint venture is that it may be the only way to enter a country if local laws prohibit foreign ownership
Indicate whether the statement is true or false
________ are online journals where people post their thoughts, usually on a narrowly defined topic
A) Social networks B) Blogs C) Forums D) Search engines E) Web directories
The costs of nonconformance are made up of
A) prevention costs and appraisal costs. B) internal failure costs and external failure costs. C) vendor performance and customer satisfaction. D) product design and production performance.
If a court awards nominal damages it will generally:
a. award compensatory damages as well. b. not make a determination as to whether there has been a breach of the contract. c. award punitive damages for the intentional breach of the contract. d. award a very small amount of money.