Which of the following businesses is most likely to have a problem with distribution because production and consumption of the product occurs simultaneously?
A. a company that manufacturers bicycles
B. a hair salon
C. a retailer that sells mattresses
D. a soft-drink bottler
E. a wholesaler that specializes in athletic equipment
Answer: B
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Signe offers to sell Thomas her textbook but conditions the sale on Thomas ac¬cepting the offer by March 1. Signe may revoke the offer
a. before Thomas accepts the offer. b. before March 1, whether or not Thomas has accepted the offer. c. only after Thomas accepts the offer. d. only after March 1.
Marketing research should not be undertaken when:
A. the perceived costs are greater than the projected benefits B. there are no secondary data in existence to guide the project definition C. it will take a long time to complete D. the actual costs are less than the forecasted benefits E. the perceived costs are the same as the forecasted benefits
Which of the following is a good rule for handling exceptions?
A) Only some people should be allowed to request exceptions. B) The requestor and approver should be different people. C) The exception should be documented. D) All of the above.
Residual value is not used in calculating the depreciation expense per unit of product, miles driven, etc.
Answer the following statement true (T) or false (F)