Answer the following statement(s) true (T) or false (F)
There are only two viewpoints from which a business plan should be written: the entrepreneur's and the financial source.
ANSWER: False
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In a purchasing process, receiving goods, but not a vendor invoice, from a supplier typically results in an update to all of the following data stores except the:
a. inventory master data b. vendor master data c. accounts payable master data d. purchase order master data
Which of the following options is not a form of power moves designed to bring reluctant bargainers back to the table?
A. pressure tactics B. incentives C. allies D. exploding offer
The business form that offers the limited liability of a corporation and the tax status of a flow-through entity is
a. a close corporation. b. a sole proprietorship. c. a limited liability company. d. a general partnership.
Identify a characteristic of high-performing teams.
A. They have a low "average of social sensitivity" in assessing and responding to the verbal and nonverbal cues of teammates. B. They have members with specialty skills rather than interpersonal skills. C. They are rewarded for team accomplishments in addition to individual recognition. D. They have limited communication mechanisms to maintain secrecy.