From the seller's point of view, a combination of inside and outside sales force offers a way to improve the overall efficiency of sales effort by:
A. Requiring separate policies and procedures for each sales force
B. Reducing overall personnel costs
C. Reducing the costs expended to reach small customers
D. Reducing the amount of contact between buyer and seller
E. Doing none of the above
Ans: C. Reducing the costs expended to reach small customers
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When goods are transferred from the Work-in-Process Inventory account to the Finished Goods Inventory account, ________
A) total assets and total liabilities increase by the same amount B) total assets of the company remain constant C) total equity and total assets increase by the same amount D) total liabilities increase and total equity decreases by the same amount
It was fortunate that the project budget included contingency funding; the top manager had not foreseen that the project would need the services of their elite slide rule squad in more than one area at the same time
Design couldn't complete their work without their services, nor could marketing, or production. Contingency funds came in handy to meet the unanticipated: A) Change in project scope. B) Abnormal project conditions. C) Consequences of Murphy's Law. D) Interaction costs.