The ________ is the act of doing nothing and losing orders from any demand that exceeds capacity, or incurs costs because capacity is too large

What type of products are purchased with little shopping effort and are purchased regularly, usually with little planning, and require wide distribution?

a. generic b. unbranded shopping c. specialty d. convenience

A prospect calls a broker and asks about a farm property that he wishes to buy. The broker says he does not have a listing on that property, but that he will check into it. He calls the owner of the farm and says that he has an interested buyer. However, the owner of the farm says the property is not for sale. One week later, the broker learns that the owner of the farm sold the property to the prospect. The broker:

A. is entitled to a reasonable commission from the buyer B. may sue the seller for a reasonable commission C. is entitled to a reasonable commission from the seller D. is not entitled to a commission