A manager does not owe a duty of loyalty to the LLC as he or she is not a member of the LLC.
Answer the following statement true (T) or false (F)
False
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Which of the following should be shown on a statement of cash flows under the financing activities section?
a. the purchase of a long-term investment in the common stock of another company b. the payment of cash to retire a long-term note c. the proceeds from the sale of a building d. the issuance of a long-term note to acquire land
In a SWOT analysis, threats are an ________ consideration. (internal/external)
Fill in the blank(s) with the appropriate word(s).
A salesperson's performance is often compared with the performance of other salespeople operating under similar conditions.
Answer the following statement true (T) or false (F)
Jake's Taxi Service is a new entrant to the taxi industry. It has achieved success by staking out a unique position in the industry. How did Jake's Taxi Service mostly likely achieve this position?
A. providing long-distance cab fares at a lower rate than competitors; servicing the same area as competitors B. providing long-distance cab fares at a higher rate than competitors; servicing a larger area than competitors C. providing long-distance cab fares at a lower rate than competitors; servicing a smaller area than competitors D. providing long-distance cab fares at a higher rate than competitors; servicing the same area as competitors