Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as PenAgain, but with large, powerful suppliers such as P&G, the control is more balanced between parties. Walmart's various marketing channel relationships offer examples of different forms of a(n) ________ marketing system.

A. cooperative
B. independent
C. administered vertical
D. conventional horizontal
E. corporate


Answer: C

Business

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In determining whether a decision is ethical, teleological ethical theories focus on the consequences of the decision.

Answer the following statement true (T) or false (F)

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Which of the following is an example of an input control test?

a. sequence check b. zero value check c. spooling check d. range check

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Standard costs are realistically predetermined costs of direct materials, direct labor, and overhead that usually are expressed as a cost per unit

Indicate whether the statement is true or false

Business

The cost of merchandise available for sale minus the value of ending inventory at cost equals the _____

a. gross profit b. cost of goods sold c. beginning inventory d. open-to-buy

Business