Reference no: EM132293036
1. Which of the below is not inclusive in the Two-level distribution channel
a. Tour operator
b. customer
c. Service provider
d. Travel Agent
2. When you add a percentage to the cost of a good or service to obtain the selling price you:
a. Consolidate
b. Override
c. Markup
d. Franchise
3. Financial managers should
a. ignore minor budgeting problems and concentrate on major problems while budgeting.
b. establish a means of monitoring financial performance on an interim basis.
c. prepare budgets and hope for the best.
d. Hire a person to go over interim budgets
4. Kevin received unsecured financing from a bank for his plumbing business. This means that Kevin did not have to provide the bank with any
a. application forms.
b. reasons for a loan
c. promise to pay interest
d. collateral
5. Does supply chain management encourage long-term, mid-term or short- term partnerships?
a. Short-term
b. Long-term
c. Mid-term.
d. None of the above
6. A firm that specializes in buying other firms’ accounts receivable is called a (n)
a. factor.
b. broker
c. credit officer
d. agent