Which of the Following Describes a Disadvantage of Using Industrial

question 199

Multiple Choice

Which of the following describes a disadvantage of using industrial distributors?

• A) Industrial distributors possess considerable market information.
• B) Their marketing exchange relationships are very focused.
• C) They are unlikely to handle bulky items or items that are slow sellers.
• D) Industrial distributors sell specific brands aggressively.
• E) Industrial distributors acquire title to the products and take possession.

Distinguish between characteristics of financial and managerial accounting.

Understand the role and outputs of the FASB Emerging Issues Task Force.

Understand the process and considerations involved in the international convergence of U.S. accounting standards.

Understand the differences in moral orientations between men and women according to Carol Gilligan.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at various prices.

Elasticity

A measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price.

Inferior Goods

Goods for which demand decreases as the income of the consumer increases, opposite to normal goods.

Normal Goods

Goods for which demand increases as the income of consumers increases, and vice versa, holding all other factors constant.