complete solutions
Which of the following would probably use a longer channel of distribution than the others:
a) A bag of oranges
b) A printing press
c) An airplane
d) A bottle of shampoo - correct answer ✔✔d) A bottle of shampoo
Electronic billing, purchase-order verification, bar-code technology, and image processing are examples
of:
a) functions of the finance department
b) horizontal channel integration
c) integrated data between channel members
d) vertical channel integration - correct answer ✔✔c) integrated data between channel members
A producer can minimize channel conflict among its distributors and retailers by:
a) selling its items directly to the end users
b) offering different products through each channel
c) establishing slotting fees for certain channels
d) requesting that the channel member carry only its brand - correct answer ✔✔b) offering different
products through each channel
It is most appropriate for businesspeople to use complex, technical jargon when they are:
a) speaking with coworkers
b) greeting new customers
c) introducing a friend to a business associate
d) informally conversing with an acquantice - correct answer ✔✔a) speaking with coworkers
,Businesses that carry a considerable assortment of goods but only one or a few related product lines are
___________ businesses:
a) specialty
b) discount
c) service
d) limited-time - correct answer ✔✔d) limited-time
Depression is characterized by which of the following:
a) fewer bankruptcies
b) increased consumer spending
c) rapidly rising GDP
d) high unemployment - correct answer ✔✔d) high unemployment
Ethical dilemmas should be thought of as:
a) challenges
b) opportunities
c) easily avoidable
d) emergencies - correct answer ✔✔b) opportunities
Which of the following might be considered a violation of employees' privacy in the workplace:
a) use of time clocks
b) use of video cameras
c) use of security guards
d) use of computer passwords - correct answer ✔✔b) use of video cameras
What often increases when a person continually resists change or fails to adapt to new circumstances:
a) inability to use logic
b) feelings of contentment
, c) sense of accomplishment
d) levels of stress - correct answer ✔✔c) sense of accomplishment
What is the first step in the process of leading change:
a) show why the change is necessary
b) communicate the change to everyone involved
c) ask others to join you in leading the change
d) put the change into action - correct answer ✔✔a) show why the change is necessary
Each pay period, Kendra has her employer automatically deposit her paycheck into her checking account
so the funds are available for use when she needs them. In this situation, money is functioning as a(n):
a) form of cash
b) unit of measure
c) medium of exchange
d) store of value - correct answer ✔✔d) store of value
Saving the money that you might ordinarily spend each day on a cup of coffee and a donut
a) is the sacrifice you must make for future financial security
b) will not result in significant savings
c) can help you achieve larger financial goals
d) is not a practical step in reaching your financial goals - correct answer ✔✔c) can help you achieve
larger financial goals
The following is written on the back of a check: "For deposit only; Maria Evans; Account #285655." This is
an example of a(n) __________ endorsement:
a) restrictive
b) general
c) open
d) congruent - correct answer ✔✔a) restrictive