________ are damages that will be paid upon a breach of contract that are established in advance.
A. Comprehensive damages
B. Liquidated damages
C. Punitive damages
D. Nominal damages
Answer: B
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In the tech world, about 90% of the world's nearly one billion PCs use Microsoft's operating systems and 80% use Intel's microprocessors. This represents which aspect of the Porter's five forces model?
A) bargaining power of suppliers B) bargaining power of buyers C) threat of substitute products D) rivalry among competitors E) threat of new entrants
Watching a user type in passwords or user IDs or listening as they give account information over the phone is called ______________________________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not one of the factors driving an emphasis on supply chain management? a. An increasing emphasis on domestic sourcing due to the longer lead times and higher levels of pipeline inventories associated with global sourcing. b. The cost and availability of information resources among entities in the supply chain that allow easy linkages that eliminate time delays in the
network. c. The level of competition in both domestic and international markets requires organizations to be fast, agile, and flexible. d. Customer expectations and requirements that are becoming much more demanding. e. The ability of an organization's supply chain to identify and mitigate risk minimizes disruptions in both supply and downstream product or services to mitigate the impact on lost sales.
Which of the following statements about the income statement and income statement accounts is correct?
A. Income statement accounts are permanent accounts, while balance sheet accounts are temporary accounts. B. The income statement reports the financial position of a company at a point in time. C. Income statement accounts are temporary accounts, while balance sheet accounts are permanent accounts. D. The income statement reports the cash received and paid during the period.