Manufacturers' representatives:
A. Take ownership of the merchandise they sell for manufacturers
B. Are a source of fixed costs on their principals' income statements
C. Do not specialize in the type of products they handle
D. Often carry competing lines of merchandise
E. Have no authority to modify their principals' instructions concerning price or terms of sale
Ans: E. Have no authority to modify their principals' instructions concerning price or terms of sale
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Last year the Monroe Logistics Company reported 4,000 damaged deliveries, 1,000 deliveries to the wrong address, 500 late deliveries, and 200 deliveries billed incorrectly
Assuming no delivery had more than one error, how many deliveries were properly handled if their percent perfect order is 87%? A) 38,145 B) 40,622 C) 43,845 D) 47,561
Intuitive decision making is always illogical
Indicate whether the statement is true or false.