In the context of the history of American business, the _____ emerged in the second half of the 1800s, by building on the foundation of the industrial revolution.

A. entrepreneurship era
B. relationship era
C. marketing era
D. production era


Answer: A

Business

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

1. Culture determines the exact behavior for human beings similar to the way programs dictate how computers function. 2. Over the years, more work organizations and international bodies relaxed strict clothing requirements to accommodate the traditional or religious attire. 3. The hierarchical strata in organizations are considered permeable, providing the possibility for subordinates and supervisors to move up or down the ladder. 4. In large power distance societies, the hierarchical system in society is considered theoretical. 5. In small power distance societies, subordinates and supervisors consider themselves as existentially equal.

Business

When a company accepts a credit card payment for a sale, the amount of sales revenue to be recorded is reduced by the amount of the credit card company's fee.

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

Business

A member of a limited liability company must be a natural person.

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

Business

Millie, a tenant, abandons her apartment after 6 months, even though there are 6 months left on her lease. If there were no survival clause in the lease, would the landlord be able to hold Millie liable for rent?

A) Yes, but he must leave the apartment vacant B) Yes, after he gives notice to the tenant C) Yes, after he relets the apartment D) No, the landlord must relet the apartment in order to collect rent for the remaining lease term.

Business