John D. Rockefeller's oil business was the main reason which legislation was enacted?
A)Sherman Act
B)Robinson-Patman Act
C)Clayton Act
D)Chicago School Act
A
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All of the following are disadvantages of outsourcing a product EXCEPT ________.
A) outsourcing allows the company to focus on its primary function B) the risk associated with having a third-party manufacturer produce substandard products C) the loss of control over the manufacturing process D) concerns about being unable to meet commitments to customers if a subcontractor experiences delays
Regarding a firm that abandons an asset,
a. there is usually no market for the asset. b. the book value of an abandoned asset is eliminated from the balance sheet. c. the firm recognizes a loss in an amount equal to the book value of the abandoned asset in the period that the asset is abandoned. d. all of the above e. none of the above
While citizen marketers seek to enhance a company's image, MPR professionals
A) must interview each citizen marketer before they are recruited. B) prefer advertising campaigns for their reliability. C) need to evaluate their credibility compared to traditional media. D) find no shortage of industry experts and celebrities to serve as citizen marketers. E) look negatively on the use of consumers who enjoy participating in a community.
An oral contract may be enforceable if there is no way to avoid injustice except to enforce the promise
Indicate whether the statement is true or false