Which of the Following Is True About Sales Branches, Sales

question 18

Multiple Choice

Which of the following is true about sales branches, sales offices, and manufacturers' showrooms?

• A) They are all manufacturer-owned intermediaries.
• B) They all determine the marketing strategy for the products they sell.
• C) They are all independent intermediaries.
• D) They all carry inventory and take title to the inventory they carry.
• E) They perform the same functions as self-service wholesalers.

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Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity through systematic study.

Mass Production

A manufacturing technique that involves producing large quantities of standardized products, often on assembly lines.

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on policies and systems to maximize employee performance.

Mainstream Economics

The body of economic thought and theories that are widely accepted and taught across major universities and employed in policy-making by most governments.