How far in advance should letters of recommendation be requested?

a. 1 week or less
b. at least 2 weeks
c. at least a month
d. 2 months or more


b. at least 2 weeks

Business

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KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals:

A. 1.50. B. 0.74. C. 0.68. D. 0.50. E. 2.20.

Business

The strategic role of a company's reward system is to

A. boost employee morale in ways that create widespread job satisfaction. B. enlist employees' commitment to successful strategy execution by rewarding them, both monetarily and non-monetarily, for their valuable contributions. C. compensate employees for performing their assigned duties in a diligent fashion. D. relieve managers of the burden of closely monitoring each employee's performance. E. boost labor productivity and help lower the firm's overall labor costs.

Business

The objectives of a firm should direct the operation of the marketing department but aren't important to the rest of the business.

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

Business

A court awards a judgment to Loan Collection Agency, who is the creditor, against Margret, who is the debtor. After the judgment, the creditor requests a court order to seize Margret's property to ensure that the judgment will be collectible. This is

a. a judicial lien. b. a writ of attachment. c. a writ of execution. d. aviolation of most state laws.

Business