Budgets are:

A) future oriented.
B) for managers only.
C) required by GAAP.
D) typically not used by small business.


A

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In terms of ethical frameworks for reasoning, utilitarianism is:

A) a method of decision making based on treating all people fairly and consistently B) the degree to which society values personal goals, personal autonomy, privacy over group loyalty, commitments to group norms, involvements in collective activities, social cohesiveness, and intense socialization C) a means of making decisions based on what is the greatest good for the greatest number of people D) a means of making decisions based on the belief that each person has fundamental rights that should be respected and protected

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Answer the following statements true (T) or false (F)

1. Information overload occurs when information, requests for feedback, taking on new projects, responding to questions, answering the phone, and completing required online classes for work on top of taking care of loved ones, children, pets, and other family matters leaves us feeling as though things are spinning out of control. 2. Because of the distance a message has to travel, computer-mediated communication occurs in asynchronous time. 3. For the purposes of organization, all e-mail should be sent to one inbox and then filtered into separate folders within that inbox. 4. Spam is a term used to describe the practice of sending fraudulent e-mails in an attempt to steal sensitive information from the user. 5. It’s important that you become a more reflective communicator if you want to achieve professional excellence.

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The source of risk related to political unrest and exchange rate changes are _________________________

Fill in the blank(s) with correct word

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Scenario 14.2Use the following to answer the questions.Lands' End offers clothing and accessories for all members of the typical household. For many years, the products were sold only through catalogs. Later, they were available through the company on its Internet website. In the past few years, Lands' End has partnered with Sears to offer selected Lands' End products inside of Sears retail stores. This move by Lands' End has been criticized by some marketers because it was thought that the Lands' End products were superior in quality to those that are available in Sears stores. Additionally, the products available in Sears stores include Craftsman tools, lawn care equipment, and household appliances, which are not Lands' End types of product lines. This may create mixed messages about

Lands' End to prospective customers. Refer to Scenario 14.2. In comparison to Lands' End, Sears has a product mix that is most likely A. wider but not deeper. B. deeper but not wider. C. wider and deeper. D. narrower and deeper. E. narrower but not deeper.

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