Which of the following is true of a firm that has high market dependence?
A. Its competitive advantages are more sustainable
B. It is likely to respond strongly to attacks threatening its market position.
C. Its position helps protect it from attacks by competitors.
D. It will respond quickly to any threat to its position.
Answer: B
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A(n) ________ is a company-specific virtual information system that systematizes the knowledge of its employees, facilitates sharing, and integrates their expertise.
A. expert system B. knowledge market C. enterprise resource planning system D. knowledge economy E. knowledge management system
A company provided $12,000 of consulting services on account. The customer promises payment in 30 days. Identify the journal entry below that properly records this transaction.
A.
| Accounts Payable | 12,000 | |
| Consulting Services Revenue | 12,000 |
B.
| Accounts Receivable | 12,000 | |
| Consulting Services Revenue | 12,000 |
C.
| Accounts Payable | 12,000 | |
| Cash | 12,000 |
D.
| Consulting Services Revenue | 12,000 | |
| Cash | 12,000 |
E.
| Cash | 12,000 | |
| Consulting Services Revenue | 12,000 |
What rights would a college friend of yours have whose credit card application was denied?
A) The right to view her credit report B) The right to have the file be accurate C) The right to point out errors in her file D) The right to request mistakes in the file be corrected E) All of the above are correct answers.
The following sales are excluded from the CISG: A) the sale of industrial equipment
B) the sale of consumer goods. C) the sale of ships and aircraft. D) all of the above.