2. It has a cose relationship with the 3. An independent entity who acts as an extension of the producer by representing them to the user. 4. They will then stock the goods and sell them to the ultimate end user at a profit.
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- Carriage and insurance paid to (CIP) are one of the terms of sale is used in place of which of the following? A. Free alongside ship (FAS) B. Cost, insurance, and freight (CIF) C. Cost and freight (CFR) D. Free onboard (FOB)A. Sellers grant credit to customers: a. During periods of high interest rates to reduce the overall cost of capital (WACC) and to increase return on assets b. When granting credit is a low-cost addition to the value proposition relative to other alternatives c. When the seller does not want new customers d. When the seller wants to increase its marketing costs B. Which from the following list is NOT a primary cost of granting credit to customers: a. The cost of managing credit and credit collections b. Some customers will not pay c. The cost of carrying the receivables d. Advertising costs C. Matching the credit period to the buyer’s cash cycle time makes purchasing from the seller: a. Less attractive for the buyer b. Increases the elasticity of buyer demand c. Does not impact attractiveness for the buyer d. More attractive for the buyerAdam convinced his customer to buy the most expensive couch in his store so that he could receive a higher commission even though the customer initially only wanted to buy a recliner. The customer had buyer’s remorse and returned the couch a week later. This is an example of how commission implementation caused Adam to ______. a. decrease the store’s ROI b. hurt the store’s yield ratios c. scare away a potential investor d. ignore the customer's needs
- Characteristics of goods are that a. products are tangible. b. there are consistent definitions and specifications of the products. c. production is usually separate from consumption. d. products can be inventoried. e. they are all of the above.17- This refers to the act of obtaining a product from producers to the final consumers. a. quality b. satisfaction c. exchange d. demandQ1 A video rental shop could buy a copy of a film and rent it to the public, and the copyright owner would receive no further royalties, even though the video shop was making a profit from the commercial exploitation of the work This was felt to be unfair. In which category this examples belongs to, also explain how? Q2 A database is a collection of information that is organized so that it can be easily accessed, managed and updated. Computer databases typically contain aggregations of data records or files, containing information about sales transactions or interactions with specific customers. How we protect a database, as it is not a tangible thing. Q3 Di fference between Valid and void contracts BExplain with at least two examples each.
- Which of the following statements is true of product items? a. They are never made part of any product lines and are sold only in select outlets. b. They are the test products that are released by a company before starting a product line. c. They include all the products that an organization manufactures and sells to its consumers. d. They are distinguished by different container sizes and shapes such as cans or plastic bottles.11 ------------ involves planning to implement and control the physical flows of materials and final goods from points of origin to points of use to meet customer needs at a profitWhich of the following will increase the breakeven point? a. Increase selling price b. Increase fixed cost c. Decrease variable cost d. Decrease fixed cost
- Risk retention involves... /-చ్ ఆరి Select one: a. assuming the cost of an uninsurable risk b. the possibility of loss or gain C. self-insuring in the event of incurring uninsurable risk d. stopping the activity that involves risk of loss e. buying insurance1. This refers to measure of how well customer expectation from a purchased product or service have been met. a Consumer goods c. Marketing b.Satisfaction d. Brand equity 2. This is the appreciation in a brand’s value from the point of view of customers. a. Brand equity c.Marketing b.Satisfaction d. Consumer goods 3. These are products whose physical characteristics are so identical, that it would be difficult, it not impossible, to distinguish one purchased from one vendor or another. a. Brand equity c. Marketing b. Consumer goods d. Primary Demand 4. It is a form of communicating or promoting the value of a product, service, or brand to the consumers. a. Durable c.Marketing b. Primary demand d. Consumer goodsWhich of the following statements is true with regard to price? O a. Unlike product features, prices cannot be changed quickly. O b. Prices only have an indirect impact on sales. O c. Very high priced tickets - like Super Bowl championship tickets - signal the scarcity of the tickets for that event. O d. Generally, low prices signal high quality.