Tony Pool Chemical Co

question 73

Multiple Choice

Tony Pool Chemical Co. purchased 144 buckets of chlorine tablets over the Internet from Chemical, Inc., then placed the order with the manufacturer and arranged for its transportation by truck to the Tony Pool store. Chemical, Inc. took title to the pool chemicals but never actually took possession of them. Chemical, Inc. is an example of a ________.

• A) drop shipper
• B) truck jobber
• C) rack jobber
• D) mail-order wholesaler
• E) cash-and-carry wholesaler

Understand the role of motivation in management and the factors that influence it.

Familiarize with the process of controlling and its significance in management.

Comprehend various approaches to determining a company's worth.

Identify the importance of having a vision as a foundation of leadership.

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Definitions:

Internalization

The process of incorporating the beliefs, attitudes, or values of others into one's own belief system.

Moral Standards

Rules or principles governing what is considered right or wrong behavior.

Superego

In Sigmund Freud’s theory, the internalization of the moral standards of society inculcated by the child’s parents.

Reality Principles

The ability of the mind to assess the external world and act upon it rather than based on internal desires.