Arax Group of Companies (AGC) has a group incentive plan for its employees. Under this plan, the company sets aside a portion of its profits and divides it among employees. Which of the following plans has the company adopted?
A. A profit-sharing plan
B. A defined-benefit pension plan
C. An employee stock ownership plan
D. A gainsharing plan
Answer: A
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A box of Crest toothpaste contains a coupon entitling the buyer to save 50 cents when purchasing a Crest toothbrush. What type of sales promotion does this represent?
A) cross coupon B) product placement coupon C) trade promotion coupon D) freestanding coupon E) online coupon
A partnership will not be dissolved by
a. the addition of a new partner; b. the sale of one partner's interest; c. the contribution of additional cash by an existing partner to the partnership; d. bankruptcy; e. the withdrawal of a partner
Establishing an international ________________ as a profit center is a way for the company to increase internal efficiencies in cash flow management.
Fill in the blank(s) with the appropriate word(s).
Ali took a seat at a booth at Midway Diner. Between the salt and pepper shakers, Ali noticed something glittering. It was a diamond ring. The ring is
a. abandoned property. b. an accession. c. mislaid property. d. treasure trove.