A lease for a specific term is called a tenancy ____________________

Fill in the blank(s) with correct word


for years

Business

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When a firm aims to underprice competitors and win market share, it is using a(n) ________ strategy that requires relatively less marketing skills as compared to other strategies

A) product differentiation B) overall cost leadership C) focus D) domestic customer relationship E) price skimming

Business

________ are general business sources of external secondary data that provide brief descriptions of companies, organizations, or individuals

A) Guides B) Indexes and bibliographies C) Directories D) Nongovernmental statistical data E) Standard Industrial Classification (SIC) codes

Business

The means by which the accounting system collects, summarizes, and reports accounting information is called

A) Reporting methods B) Accounting methods C) Control methods D) Processing methods

Business

Answer the following statements true (T) or false (F)

1. According to the Caux principles, nonprofits (NGOs) have to be MOST concerned about integrity. 2. Organizations in collectivist societies are more likely to hire based on family connections and friendships. 3. Feminine/low-power distance/low-uncertainty avoidance cultures are generally more corrupt. 4. Members of masculine cultures are more sensitive to the presence of ethical issues.

Business