The type of product that prompted passage of the Consumer Product Safety Act was:

a. automobiles.
b. children's toys.
c. refrigerators.
d. food products.


b

Fact Pattern 40-1
John purchased $600 worth of clothes from Clothing Mart. He paid for the clothes with a credit card. When he received his statement, he sent the credit card company a check for $600 . The credit card company mistakenly recorded his payment as $60 . When John received his next statement, he noticed the $540 error and contacted the credit card company.

A few days later when he attempted to use his card to buy gasoline, he was told by the cashier that the card had been canceled and she was instructed to take his card. John was shocked, embarrassed, and angry. When he contacted the credit card company, it pointed out a provision in his initial contract for the card that stated the company could revoke his card privileges at any time with or without cause.

Business

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The type of change where leaders anticipate the change and actively embrace it is called ______ change.

a. reactive b. proactive c. incremental d. discontinuous

Business

An example of horizontal analysis is the increase in cost of goods sold by 25% from 2006 to 2007

Indicate whether the statement is true or false

Business

What is the role of LinkedIn in promoting business activities?

A. It supports the use of visual images, such as charts, to represent business information. B. It provides a free online photo and video sharing service geared to mobile phones. C. It allows users to share ideas and images they find online with fellow users. D. It serves as a place to network for jobs and sales opportunities. E. It allows registered users to send out short messages called tweets.

Business

Explain the concept of motivation.

What will be an ideal response?

Business