Richard writes a letter to Sarah authorizing her to sell his car and sends a copy of the letter to Timothy, a prospective purchaser. The next day, Richard sends a letter to Sarah revoking her authority, but he fails to notify Timothy. Sarah:
a. has actual authority to sell the car to Timothy.
b. has implied authority to sell the car to Timothy.
c. has apparent authority with respect to Timothy to sell the car.
d. is empowered under the doctrine of respondeat superior to negotiate the contract.
c
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Which program or function listed below is not useful for conducting nonparametric tests?
A) NPAR TESTS B) NPAR1WAY C) Stat>Time Series D) none of the above
If the salesperson's objective is to begin converting a prospect into a customer by creating a desire for the product or service, what is the name of this stage in the personnel selling process?
A. presentation B. approach C. follow-up D. prospecting E. preapproach
The terms subculture and subgroup may be used interchangeably
Indicate whether the statement is true or false.
Which of the following is true of supplier relationship management?
a. The supplier relationship management process has no impact on any supply chain member's bottom-line financial performance. b. It helps suppliers and business units to operate with limited or no interactions. c. It supports manufacturing flow by identifying and maintaining relationships with highly valued suppliers. d. The supplier relationship management process has nothing in common with the customer relationship management process.