The only marketing mix element that is applicable in export selling is:

Which one of the following statements relating to quality is TRUE?

A) Sampling procedures based on measurement by variables should be used when quality specifications are complex. B) A distribution of sample means has more variance than the process distribution itself. C) The distribution of sample means can be approximated by the normal distribution. D) Sampling is a better approach than 100 percent inspection when the cost of accepting a defective item is very high.

Which inventory method generally best follows the matching principle?

a. Average-cost b. LIFO c. Whichever method is used for tax purposes d. FIFO