Which is not a necessity to know about a new venture during the startup phase?

a. Target industry
b. Target customer
c. Business model
d. The Board of Directors


d. The Board of Directors

Business

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Companies can legitimately charge a higher price if ________

A) consumers perceive that the company's product offers greater value B) the demand for products manufactured by a firm is highly elastic C) the cost of advertising is minimal D) derived demand remains constant E) consumers de-emphasize quality

Business

A defamatory communication that is spoken or oral is designated as libel

a. True b. False Indicate whether the statement is true or false

Business

Even though the more developed industrial nations don't have the largest populations, they do have the biggest share of the world's GDP.

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

Business

Which of the following is NOT required to create a valid trust?

A. legal age and sound mind of the grantor B. witnesses C. a beneficiary(ies) D. property transferred to the trust

Business