A ________ is a market with very similar needs and sellers offering various close substitute ways of satisfying those needs.

A. generic market
B. product-market
C. target market
D. standard market
E. global market


Answer: B

Business

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Companies that fail to develop new products leave their existing offerings vulnerable to increased domestic and foreign competition

Indicate whether the statement is true or false

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A 90-day, 12% note for $20,000, dated September 10, is received from a customer on account. If the note is discounted at 15% on October 10, the due date is

A) December 9 B) December 10 C) December 11 D) December 8

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The process of examining the logical relationships between various financial statement items is known as:

a. auditing b. bookkeeping c. public accounting d. ratio analysis e. managerial accounting

Business

The best place to get a loan for a business is the Small Business Administration because they

loan you government funds. Indicate whether the statement is true or false

Business