Saresh owns the Change Now, a salon specializing in the unique hair needs of minority populations. Recently, Saresh has been trying to improve the quality of service received by his customers. However, he has experienced difficulty in finding ways to standardize and control the salon's quality of service. Saresh's problem illustrates which of the following unique features of service?
A. Intangibility
B. Inseparability
C. Perishability
D. Heterogeneity
E. Marketability
Answer: D
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Wisconsin, Inc. owed one of its creditors $350,000, but it did not have enough cash to repay the debt. Following lengthy negotiations, the parties agreed that Wisconsin, Inc. would issue 50,000 shares of common stock to settle the debt. On the statement of cash flows, this transaction is shown in the ________.
A) investing activities section B) financing activities section C) operating activities section D) non-cash investing and financing activities section
According to Hofstede’s Model of National Culture, cultures high on________ value relationships with others, interaction over winning, quality of life, and concern for others.
A. assertiveness B. power-distance C. individualism D. collectivism E. nurturing
A review of BluTech's hiring practices indicated that it has a selection ratio of 0.95. This level of selectivity indicates that only the most promising applicants are hired.
Answer the following statement true (T) or false (F)
Rhett works at Scarlett's Sandwich Café. After work, in the parking lot, Rhett finds a diamond ring lost by Thalia. Title to the ring is possessed by
A. Rhett. B. Scarlett's. C. Thalia. D. the state.