Landing Service
Landing Service is a lawn furniture company that has been around for many years. It is known for its ability to produce furniture more efficiently than any other company in the nation. In truth, no other companies in any other nation come close. Landing Service has shipped many of its products internationally. In fact, 80 percent of its profits come from international sales. However, the Italian government has imposed a tax on imported furniture items to protect local companies. The Brazilian government, on the other hand, has imposed taxes on Landing Service products due to the government wanting a piece of the pie.
Landing Service initially thought that these taxes were unfair because it was being singled out. However, after Landing Service contacted the organization that had the power to mediate this situation, the furniture company realized that the taxation it was subjected to was legal and that there was nothing it could do about it.
Refer to Landing Service. Landing Service must have contacted which of these organizations to mediate regarding unfair treatment by foreign governments?
A) COPPA
B) GATT
C) WTO
D) EU
E) OPEC
Question 2 - Turner's Garage, an automotive repair shop, sends out a direct-mail offer for a complete tune-up for first-time customers at a greatly reduced price. Which sales promotion objective is Turner's Garage trying to accomplish?
A) Neutralizing competitive promotional offers.
B) Increasing reseller inventories.
C) Boosting sales to current customers.
D) Steadying irregular sales patterns.
E) Drawing new customers.
Question 3 - The term magnitude is used to describe the number of production processes that are used to produce products or services.
Indicate whether the statement is true or false
Question 4 - Which of the following is most likely an example of a nonprofit organization?
A) A regional retail store that sells goods at discount prices
B) A community museum that is funded by a society and is free for public use
C) A local newspaper house that sells newspapers at lower prices than its competitors
D) A fashion publication house that issues free subscriptions of its weekly magazines to consumers who are yearly subscribers