A general term for a middleman that actually buys and then resells goods is a _____.
A) functional middleman
B) broker
C) retailer
D) sales agent
E) merchant middleman
Question 2 - Ford produces a wide variety of vehicles for individuals, businesses, manufacturers, and even schools. It also operates its own financing division, Ford Motor Acceptance Corp It seems as if Ford
A) focuses on financial resources.
B) has a small magnitude.
C) has few production processes.
D) has many production processes.
E) is a service business.
Question 3 - Which of the following involves providing an employee with specific written guidelines on actions needed to improve performance?
A) training
B) obstacles
C) action plan
D) expectations
Question 4 - A major way technology affects land pollution is the potential for
A) worsening the problem.
B) creating resource scarcity.
C) decreasing pollution problems.
D) exploitation.
E) increasing pollution control.
Question 5 - Marketing organizations that link producer and consumer within a marketing channel are called _____.
A) distributorships
B) warehousing groups
C) marketing intermediaries
D) shopping centers
E) supermarkets
Question 6 - In a service industry such as a package carrier, the ____ of the conversion process is usually small or none at all.
A) focus
B) magnitude
C) width of processes
D) utility
E) result
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