A Bank Employee Who Programs the Bank's Computer to Make

question 23

Multiple Choice

A bank employee who programs the bank's computer to make deductions from one or several accounts, and to deposit the funds to an account set up and controlled by the employee, could be prosecuted for ______________even though he or she had not touched actual currency.

• A) counterfeiting
• B) embezzlement
• C) robbery
• D) fraud

Understand risk management in the distribution process.

Appreciate the integration of marketing channels with the overall marketing strategy.

Understand the basic functions performed by intermediaries within distribution channels.

Identify the different types of utilities created by marketing channels.

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Definitions:

Wage Differences

The variation in pay for employment that may arise from factors like occupation, experience, education, and sometimes gender or ethnicity.

Median Earnings

The middle value of earnings in a given distribution, such that half of the population earns more and the other half earns less.

Labor Market

The supply of available workers in relation to available work.

Median Earnings

The middle value of earnings in a given distribution, such that half of the population earns more and half earns less.