Divorce of ownership from control is a characteristic of
Sole proprietorship
A limited liability company
Partnership
A private limited company
Correct answer is B
No explanation has been provided for this answer.
A major difference between a state-owned enterprise and a private enterprise is that the former
Is not expected to cover its costs of production while the latter is
Is not always expected to maximize profits while the latter is
Has shareholders while the latter does not
Has a board of directors while the latter does not
Correct answer is B
No explanation has been provided for this answer.
To provide the quantity needed by retailers
To collect useful information on his product
To provide warehousing facilities
To violate government regulation on distribution
Correct answer is B
No explanation has been provided for this answer.
Quantity discounts allowed final consumer
Reward for business enterpreneurship
Effectiveness of government control over the economy's marketing channels
Extent of exploitation of the final consumer
Correct answer is B
No explanation has been provided for this answer.
Which of the following is the major function of the wholesaler?
Bulk breaking
Provision of useful information to the manufacturer on products
Provision of after-sales services to consumers
Provision of warehouse facility
Correct answer is A
No explanation has been provided for this answer.