The ratio of total purchases to sales (the percentage of dollars paid out to suppliers as a percentage of sales) varies little from industry to industry.

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


False

Business

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The empowerment perspective that involves trusting people to do the right thing, takes intelligent risks, and act with a sense of ownership is known as

A. the top-down approach. B. the leadership perspective. C. the bottom-up approach. D. the risk-taking model.

Business

The law would most likely impose a duty of disclosure in a transaction between:

a. a salesperson and customer. b. business partners. c. a contractor and a homeowner seeking bids on repairing a roof. d. a seller of real property and a potential buyer who knows the property has greater value than the seller realizes.

Business

Why is it important to prepare the benefit analysis report or the total compensation report?

What will be an ideal response?

Business

Normally, a business firm complies with an agency request to inspect facilities because it is in the firm’s interest to maintain good relations with the agency.

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

Business