A major Blu-ray rental chain is considering opening a new store in an area that currently does not have any such stores. The chain will open if there is evidence that more than 5,000 of the 20,000 households in the area are equipped with Blu-ray players. It conducts a telephone poll of 300 randomly selected households in the area and finds that 96 have Blu-ray players. The p-value associated with

Which of the following is characteristic of short distribution channels?

A) The products distributed through short channels are typically not susceptible to breakage and spoilage. B) Short channels are suited for geographically concentrated markets covering minimal transportation distances. C) Short channels are preferred when manufacturers lack the resources to perform channel functions. D) The products distributed through short channels are generally standardized in nature and are sold to mass markets.

The Mail Order Merchandise Rule covers

A) all purchases by mail, voice phone, fax or the Internet. B) only purchases by mail, voice phone and fax. C) only purchases by mail and voice phone. D) only purchases by mail.