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Exam (elaborations)

EOPA Study Guide Questions and Answers 100% Pass

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EOPA Study Guide Questions and Answers 100% Pass Which of the following terms describes a minor term in a contract for the sale of goods? a) warranty b) innominate term c) implied term d) condition - A) Warranty What type of corporation may be owned by just a few people and does not offer it...

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  • December 22, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • EOPA
  • EOPA
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KatelynWhitman
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EOPA Study Guide Questions and
Answers 100% Pass

Which of the following terms describes a minor term in a contract for the sale of goods?


a) warranty


b) innominate term


c) implied term


d) condition - ✔✔A) Warranty


What type of corporation may be owned by just a few people and does not offer its shares for sale to the

general public?


A. Private


B. General


C. Public


D. Limited - ✔✔A) Private


Which of the following is a true statement about B2B (business-to-business) marketing:


A. B2B marketing strategies work well for consumer marketing, but consumer strategies don't work for

B2B.


B. Only specialty marketing firms undertake B2B marketing.


C. B2B marketing is more difficult than consumer marketing



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, 2|Page


.D. Marketers approach B2B marketing differently than consumer marketing. - ✔✔D) Marketers approach

B2B marketing differently than consumer marketing


Which of the following is an example of corporate responsibility


:A. A company hires minority employees.


B. A company expands its facilities.


C. A company uses recycled materials in its products.


D. A company pays its taxes on time. - ✔✔C) A company used recycled materials in its products


Business A spends less on advertising than Business B. Both businesses sell the same products, but

Business B charges higher prices than Business A. Which of the following factors has affected the prices of

the business:


A. Place


B. Supply


C. Product


D. Promotion - ✔✔D) Promotion


Providing marketing information is an important channel activity. Businesses rely on marketing

information to determine


A. how intermediaries are performing.


B. their target markets' needs and wants.


C. how much to charge for their products.


D. what to name their products. - ✔✔B) Their target markets' needs and wants


Labor-union negotiations are part of which HR management activity?A. Staffing


Created by Katelyn Whitman © 2025, All Rights Reserved. 100% PASS GUARANTEE

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