Which of the following is the blueprint that defines how the company creates value for itself while providing value to the customer?
a. customer value proposition
b. profit formula
c. net present value
d. none of these
b. profit formula
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Assume that a company received $1,200 in advance for one year membership fee in the fitness center. The entry that would be made to record the recognition of revenue at the end of first month is
A) Revenue 1,200 Cash 1,200 B) Cash 100 Revenue 100 C) Unearned Revenue 100 Revenue 100 D) Revenue 100 Unearned Revenue 100
Describe the strategy of using reminders and attention focusers as world-altering behavior-focused strategies. How has that strategy helped to effectively manage time and priorities?
What will be an ideal response?
Regarding the termination of an agency, the Third Restatement:
A) distinguishes between terminations based on death of a principal and terminations based on incapacity of the principal. B) applies the same rule to all causes of termination; it applies a reasonableness standard. C) applies the same rule to all causes of termination; it applies the actual notice standard. D) applies the same rule as under the Second Restatement; a principal's death automatically ends the agent's apparent authority.
The trustee of a trust does not owe a fiduciary duty to the beneficiary of that trust
Indicate whether the statement is true or false