Which of the following is a dispute resolution process that goes through the judicial system?

A) litigation
B) arbitration
C) mediation
D) conciliation


A

Business

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Which of the following is identified by the text as an example of a human skill?

A. Analytical ability B. Strategic thinking C. Knowing where his/her product fits into the customer's business D. Working through other people E. Mastery of selling techniques

Business

Hard-sell closing methods that involve manipulating the customer have fallen out of favor in the last few decades

Indicate whether the statement is true or false

Business

The statement of members' equity is used for equity reporting of a partnership

Indicate whether the statement is true or false

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 53 hours for the first widget. Acme estimates it has an 86% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 102th widget.

a. 19.35 hours b. 29.30 hours c. 22.55 hours d. 18.94 hours

Business