What happens when two e-businesses decide to be partners?
(a) Their collective assets are merged to form one company.
(b) Legal contracts are written to precisely define the relationship between the companies.
(c) Each company gets access to all of the industrial secrets of the other company.
(d) Each company is given the chance to buy a set percentage of its partner company.
Ans: (b)
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A company has satisfied its performance obligation when the:
a. company has received payment for goods or services. b. company has significant risks and rewards of ownership. c. company has legal title to the asset. d. company has transferred physical possession of the asset.
According to the text, which of the following is not commonly discussed during sales meetings?
a. new product information b. advanced selling methods c. explain new marketing programs d. sales force feedback about field conditions e. all of the above are considered common meeting topics or objectives