When an agent legally acts in the best interests of his/her client, the agent is establishing a(n) __________ relationship.

Marketing Cluster Practice Test

Quiz
•
Business
•
Professional Development
•
Medium
Priyanka Mittal
Used 8+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
authoritative
fiduciary
principal
legislative
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cindy's lemonade stand sells lemonade to customers. The route that the lemonade is taking from the producer to the final consumer is
roundabout
indirect
direct
intermediary
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your supervisor has asked you to prepare a marketing status report for each of the company's six regional offices. The most appropriate way to organize the information is
by site location
by sales function
in chronological order
in reverse sequence
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operating expenses are defined as the
start-up expenses of a business
salaries paid to managers.
cost of goods sold.
costs of running a business
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Long-term unemployment may affect an individual by
improving mental health
eroding skills
increasing protectionism
building savings
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
"I can't agree to your terms until I discuss the situation with my manager." This is an example of the __________ negotiating strategy.
limited authority
good cop/bad cop
deadline-driven
bargaining
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following expenses should Charlene categorize as a fixed cost:
Cost of goods sold
Delivery charges
Rent
Commissions
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