What are the benefits of using visuals in a business plan?
a. They allow you to exaggerate your financial projections.
b. They are a good way to break up the text.
c. They help you avoid typos.
d. They help you avoid the exaggerated hockey stick.
b. They are a good way to break up the text.
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Lucas Company provides a bonus compensation plan under which key employees receive bonuses equal to 10% of Lucas's income after deducting income taxes but before deducting the bonus. If income before income tax and the bonus is $400,000 and the income tax rate is 30%, the bonuses should total
A) $27,160. B) $28,866. C) $36,400. D) $40,000.
According to early LMX theory, which of the following is false?
A. the out-group has less influence with the leader than does the in-group B. the leader usually expects extra duties from out-group members C. in-group members are chosen on the basis of compatibility with the leader D. out-group members may not want to be in-group members
Successful salespeople ask the closing question and then briefly summarize the product's benefits.
Answer the following statement true (T) or false (F)
Oral contracts
a. are unenforceable. b. are just as valid as written contracts. c. for the sale of real property are valid. d. are easier to prove in court than are written contracts.