Jake, who runs a health food store, finds it is rewarding to interact with customers who like to eat organic and health food. Hence, he is recognized in the local community. Which objective of retailing does Jake emphasize by this practice?
A. Financial objective
B. Societal objective
C. Personal objective
D. Environmental objective
E. Administrational objective
Answer: C
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Ray is starting a new business with a friend and trying to decide between a C corporation, S corporation, and partnership. Which of the following statements regarding his decision is correct?
A. S corporations pay taxes on their current year income. B. A shareholder in a C corporation is taxed on his or her share of corporate income. C. A partner in a partnership is taxed on his or her share of partnership income. D. An S corporation owner must pay income taxes only on the salary received.
Generally only investments with maturities of _____ months or less qualify as cash equivalents
a. one b. two c. three d. six e. twelve
The break-even quantity is given by which equation?
a. X = P/(F-V) b. X = V(P-V) c. X = 1/(F-P-V) d. X = F/(P-V)
Explain the process that employees must go through in order to get the NLRB to conduct a representation election.
What will be an ideal response?