Partnership income and losses are usually divided on the basis of interest, salaries, and stated ratios because
a. partners seldom contribute time and resources equally
b. this method reflects the amount of time devoted to the partnership by the partners
c. it is simpler than following the legal rules
d. it prevents arguments among the partners
a
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Which of the following statements is true about customer value?
A) The customer value equation is represented by B = V/P, where B = benefits, V = value, and P = price. B) Value can always be increased for a customer by increasing the price of a product or service. C) A company can succeed in a market only if its perceived value is equal to, and not lesser than or greater than, its competitors. D) A company that has high perceived value can charge more than its competitor for the same product.
The ELMS system:
A. categorizes according to geographic location relative to the home office. B. classifies according to time spent on average with each buyer. C. is used by the home office not by the individual salesperson. D. classifies prospects according to how and when they were qualified. E. classifies accounts to extra-large, large, medium, and small accounts.
List four of the six commonly accepted individual rights in the workplace.
What will be an ideal response?
What is the appropriate term from systems theory for the input-output, self-regulation process?
A. Morphogenesis D. Negative feedback B. Homeostasis E. Positive feedback C. Cybernetics