________ segmentation divides customers into groups according to similarities in benefits sought or product usage patterns.
A. Educational
B. Behavioral
C. Income
D. Gender
E. Geographic
Answer: B
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In a manual accounting information system, cash purchases are generally recorded in the ________.
A) sales journal B) cash receipts journal C) cash payments journal D) purchases journal
Which of the following is an incorrect statement regarding the corporate form of business organization?
A) The dominant form of business organization in the United States is the corporation. B) A corporation is a legal entity created by federal law. C) A corporation raises capital by issuing stock to investors. D) Although the corporation may have many owners, it is legally treated as a single person.
Liam is considering putting money in an investment plan that will pay him $52,000 in 12 years. If Liam's opportunity cost rate is 7 percent compounded annually, what is the maximum amount he should be willing to pay for the investment today?
A. $23,089 B. $25,526 C. $26,888 D. $28,685 E. $30,534
Write a short note on skills inventory. What are its advantages?
What will be an ideal response?