Which of the following is an effective method of collecting information about competitors?

A) Ask customers and suppliers what competitors are doing.
B) Talk to employees, especially sales representatives and purchasing agents, about competitors.
C) Attend trade shows and collect competitors' sales literature.
D) All of the above

D

Business

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To both create and implement proper strategies, firms must have strong and effective __________.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following is NOT a true statement regarding the agency relationship?

A. An agent is an agent for the third party contracting with the principal. B. An agent has the power to bind a principal to a legal contract C. The acts of an agent are considered acts of the principal D. Payments to an agent are considered payments to the principal

Business