One of the most appealing features of a limited partnership is the limited personal liability it offers to all of the partners

a. True
b. False
Indicate whether the statement is true or false


False

Business

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The lesson that SRC (Self-Reference Criterion) teaches can be summarized as:

A) a person's perception of market needs is framed by others cultural experience. B) the perceptual blockage and distortion about cultures are hard to reduce. C) an unbiased perception is a vital and critical skill in global marketing. D) an unconscious reference to one's cultural values is critical in global marketing. E) the prior success and ethnocentrism can override the SRC.

Business

Which of the following terms characterizes the time period between the investment of cash in merchandise and the collection of cash from the sale of that merchandise?

a. Operating cycle b. Natural business year c. Accounting period d. Fiscal period

Business

Which of the following uses graphics to show all activities related to a process, including its inputs and outputs, decision points such as approvals and exceptions, and any cross-functional relationships?

A. value stream map (VSM) B. process simulation C. route sheet D. process chart

Business

Robert has recently been appointed Marketing Manager for a fashion company. He needs to know whether or not the company’s products have a sustainable advantage in the marketplace. What kind of analysis does he need to do?

a. environmental analysis b. gap analysis c. competitor analysis d. market share/market growth analysis e. brand interrogation

Business