Preference follows awareness, knowledge, and liking in the hierarchy of effects model

Indicate whether the statement is true or false


TRUE

Business

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A highly mechanized or rule-based organization ______.

a. is rare b. tends to inhibit change c. tends to create leaders d. helps managers to become better leaders

Business

Revenue (or yield) management is best described as:

A) a situation where management yields to labor demands. B) a situation where the labor union yields to management demands. C) a process designed to increase the rate of output. D) allocation of scarce resources to customers at prices that will maximize revenue. E) management's selection of a product mix yielding maximum profits.

Business

Which of the following types of salespeople is essential for selling installations to producers?

A. order takers B. customer service reps C. order getters D. technical specialists E. missionary salespeople

Business

On January 1, 2019, Laura Wang contributed $30,000 cash in exchange for 30 shares of stock in Suki Inc., an S corporation. On May 12, Laura loaned $8,500 to Suki in exchange for a 5-year interest-bearing note. Laura's pro rata share of Suki's 2019 ordinary business loss was $34,100, and she received no cash distributions during the year. Assume the excess business loss limitation does not apply. Which of the following statements is accurate?

A. Laura can deduct $30,000 of the loss in 2019. On January 1, 2020, the basis in her Suki stock is zero, and the basis in her Suki note is $8,500. B. Laura can deduct $34,100 of the loss in 2019. On January 1, 2020, the basis in her Suki stock is zero, and the basis in her Suki note is $4,400. C. Laura can deduct $34,100 of the loss in 2019. On January 1, 2020, the basis in her Suki stock is $4,400, and the basis in her Suki note is zero. D. None of the above is accurate.

Business