A member-owned financial institution that accepts deposits from its members and provides loans to its members is a ________
A) loan association
B) retail bank
C) credit union
D) thrift bank
E) merchant bank
Answer: C
Explanation: Credit unions are not-for-profit, member-owned cooperatives that offer deposit accounts and lending services to consumers and small businesses.
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In terms of the 4E framework, in order for a firm's offer to excite its targeted customers, the offer must be
A. easy to understand. B. substantial. C. relevant. D. unique. E. tangible.
On January 1, 2018, Dunbar Echo Co. sells a machine for $46,000. The machine was originally purchased on January 1, 2016 for $80,000. The machine was estimated to have a useful life of 5 years and a residual value of $0. Dunbar Echo uses straight-line depreciation. In recording this transaction:
A. a loss of $34,000 would be recorded. B. a gain of $46,000 would be recorded. C. a gain of $2,000 would be recorded. D. a loss of $2,000 would be recorded.
Near the end of the project, timing issues regarding team members must be addressed. Which of the answers below is NOT one of the three "r" end-of-project activities related to project team members?
a. Recognizing team members b. Retrospective meetings with team members c. Releasing team members d. Rewarding team members
?Decisions made by top managers involving strategy, such as signing mergers or making acquisitions, are examples of _____ decisions.
A. ?frequent B. ?nonprogrammed C. structured D. operational E. programmed