Which of the following is an informal control method in global marketing?

Manufacturing costs that cannot be classified as either direct materials or direct labor are known as

a. period costs. b. nonmanufacturing costs. c. selling and administrative expenses. d. manufacturing overhead.

What would be characteristic of a market in transition from buyer's market to seller's market?

A. Prices would rise as supply decreases and demand increases B. Prices would decrease as demand decreases and supply increases C. Land development and new construction would decrease because of lower demand D. Prices would not be affected, as they are primarily driven by interest rates