Management Notes

Reference Notes for Management

Horizontal channel conflict occurs most often when manufacturers practice:

Horizontal channel conflict occurs most often when manufacturers practice:

Horizontal channel conflict occurs most often when manufacturers practice:

 Options:

a. dual or multiple distribution
b. trade loading
c. promotional pricing
d. direct distribution
e. channel distribution

The Correct Answer Is:

  • a. dual or multiple distribution

Read more

According to the factor price equalization theorem the __________ factor should oppose free trade policies in any given country

According to the factor price equalization theorem the __________ factor should oppose free trade policies in any given country

According to the factor price equalization theorem the __________ factor should oppose free trade policies in any given country

 Options:

a. abundant
b. scarce
c. neither
d. can’t tell without more information

The Correct Answer Is:

  • b. scarce

Read more

In the classical model of Ricardo, the direction of trade is determined by:

In the classical model of Ricardo, the direction of trade is determined by

In the classical model of Ricardo, the direction of trade is determined by:

 Options:

a. absolute advantage
b. comparative advantage
c. physical advantage
d. which way the wind blows

The Correct Answer Is:

  • b. comparative advantage

Read more

The cash value in a(n) _______________ Life policy may fluctuate to reflect changing assumptions regarding mortality cost, interest, and expense factors.

The cash value in a(n) _______________ Life policy may fluctuate to reflect changing assumptions regarding mortality cost, interest, and expense factors.

The cash value in a(n) _______________ Life policy may fluctuate to reflect changing assumptions regarding mortality cost, interest, and expense factors.

 Options:

Universal
Graded
Term
Endowment

The Correct Answer Is:

  • Universal

Read more