It is a good idea to add a penalty clause to an outsourcing agreement to ensure that work is completed on time.
Answer the following statement true (T) or false (F)
True
Another important cultural difference relates to schedules and deadlines. To most Americans, a deadline is a set completion date. In many other cultures, a deadline is a suggestion that maybe something will be finished by that indicated date. To ensure that outsourced work is completed on time it is imperative to add a penalty clause to your contract or enforce late fees.
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__________ involves assigning dedicated personnel within a particular functional area of the business.
Fill in the blank(s) with the appropriate word(s).
Vacation pay and year-end bonuses would be considered legal liabilities
Indicate whether the statement is true or false
The purpose of _____ is to pinpoint the people and organizations most likely to purchase what the organization sells and to promote the appropriate products and services to those people and organizations.
A. accounting B. e-commerce C. finance D. marketing
Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold of $380,000, and $275,000 in operating expenses. Net income equals:
A. $770,000. B. $408,000. C. $402,000. D. $115,000. E. $390,000.