Mountain Valley Springs Company, a producer of bottled water, sells a highly standardized product to consumers all over Canada. You would expect Mountain Valley Springs to rely on which of the following to promote its product?

a. publicity and direct marketing
b. advertising and sales promotion
c. public relations
d. personal selling

Ans: b. advertising and sales promotion

Business

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The general objective of a facility layout is to ensure a smooth workflow (in a factory) or a particular traffic pattern in a service organization

a. true b. false

Business

A seller gives a real estate broker a net listing in the amount of $200,000. If an offer comes in for $150,000, the broker should:

a. hold the offer until other offers have been submitted b. hold the offer until an offer comes in that provides the broker with a commission c. present the offer to the seller d. not accept the offer because the broker will not be paid a commission

Business