Supervisor salaries, maintenance, and indirect factory wages would normally appear in the selling and administrative expenses budget.

Within a business context,a community manager writes software code for corporate social media networks.

William agrees to drill a well up to 200-feet deep for John's rural cabin. The contract price is $3,000. After drilling 100 feet, William strikes solid granite rock. He talks to John and explains that this is highly unusual for the area and could not have been anticipated at the time of entering into the contract. He offers to get a special drill, but says it will cost him more money, so that he will be unable to complete the project for the agreed price. Because John is anxious to have the well, he agrees to pay William an additional $1,000 to complete the job. However, once the well is finished, he changes his mind and now says he will pay only the originally agreed-upon amount. What is the result?

A) The parties have agreed to a substitute contract which discharges the original contract. John is obligated to pay the additional $1,000.
B) The agreement for $4,000 is binding because of provisions of the UCC.
C) William is in breach of contract. John need not pay any additional money.
D) William is under a pre-existing moral duty to perform at the originally agreed-upon price.

While viewing a webpage for outdoor gear, Drake noticed a graphic display advertising kayaks at low prices. When he clicked on the ad, it took him to a different website where the kayaks were listed for sale. This is an example of what type of Internet advertising?

A) paid search
B) linked advertising
C) paid display
D) reminder advertising
E) direct marketing

If total surplus rises,there may have been a(n) _____ in demand or a(n) _____ in supply.

A) increase;decrease
B) increase;increase
C) decrease;decrease
D) decrease;increase

Which of the following is a false assumption made by many salespeople?

A) Benefits are very important to buyers.
B) Price is the only factor in a buying decision.
C) Psychological factors influence buying decisions.
D) Wants and needs motivate buying decisions.
E) Unimportant benefits should be deemphasized.