A retailer can generate channel control through each of the following strategies except _____
a. bargaining power due to many purchases from a manufacturer
b. private brands
c. the threat of switching vendors
d. franchising
d
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Pat's Pen Co manufacturers and sells an inexpensive ball-point pen. Salley's Stationery purchases the pens for $.25 each in quantities of 1,000 . Salley's discovered that a national chain, a competitor of Salley's, buys the pen at $.20 for 1,000 . If Salley's Stationery sues Pat's Pen Co for price discrimination
a. Pat's Pen Co. will win if it can prove that it has been selling to the national chain continuously at the cheaper rate. b. Pat's Pen Co. will win if it can prove that it did not intend to economically harm Salley's Stationery. c. Salley's Stationery will win if it can prove price discrimination occured and that it lessened competition. d. Salley's Stationery will win since price discrimination is a per se violation with no real defenses.
A local electronics firm wants to determine their average daily sales (in dollars.) A sample of the sales for 64 days revealed an average sales of $160,000. Assume that the standard deviation of the population is known to be $16,000. ? a.Provide a 95% confidence interval estimate for the true average daily sales.b.Provide a 98% confidence interval estimate for the true average daily sales.
What will be an ideal response?
One of the main reasons why people in organizations resist change is fear of
a) failure. b) competition. c) the unknown. d) multitasking.
The Code has expanded the rights of good faith purchasers with respect to sales by minors
Indicate whether the statement is true or false