Computing systems that attempt to encompass and integrate all of a business’s processes in one interface are known as ___________________________________ (ERP).
Fill in the blank(s) with the appropriate word(s).
enterprise resource planning
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Exploratory research is used in cases when you must define the problem more precisely, identify relevant courses of action, or gain additional insights before an approach can be developed
Indicate whether the statement is true or false
In 2016, the Puerto Rios Company received insurance proceeds of $300,000 payable upon the death of its previous top executive officer. For financial reporting purposes, Puerto Rios included the $300,000 in pretax accounting income. The life insurance proceeds are exempt from income taxes. Assuming an income tax rate of 35%, what should Puerto Rios report for this event as deferred income taxes in the 2016 income statement of ?
A. $0 B. $105,000 deferred tax asset C. $105,000 deferred tax liability D. $195,000 deferred tax liability
Which of the following would be a specialty product?
a. tickets to the new Broadway show b. dental care c. refrigerators d. large screen televisions e. furniture
In a horizontal diversification strategy, growth:
A. occurs at the same level of the value-added chain. B. involves opportunities unrelated to the existing value-added chain. C. involves taking a step forward (down) the value added chain. D. involves taking a step back (up) the value-added chain.