Business entities and non-business entities are both organized to earn a profit

a. True
b. False

Indicate whether the statement is true or false


False

Business

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Repair and maintenance costs of vehicles used to deliver products to the customers are included in manufacturing overhead

Indicate whether the statement is true or false

Business

When Amway entered China, it opened up retail locations for the first time. Amway is a direct selling firm. This means that it sells almost exclusively through independent consultants. However, in China restrictions on direct selling required significant modifications in how consumers obtain these products. On the other hand, Amway has been able to sell many of its signature products to the Chinese market with little to no modification. In China, Amway was forced to ______________ the distribution variable and ___________ its product variable.

A. globalize; globalize B. customize; globalize C. localize; globalize D. globalize; customize E. internationalize; customize

Business

An automobile manufacturer's suggested retail price (MSRP) has nothing to do with the real ________ of the car.

A) value B) worth C) price D) cost E) All of the answers are correct

Business

When you begin to invest, it is best to start with what type of investments?

A) Difficult B) Retirement C) Savings D) Interest Free E) Simple

Business