Devon believes now is the time to launch his welding business since the only competitor has just announced his retirement. Devon has identified:
A. an entrepreneurial opportunity.
B. a bootstrap opportunity.
C. a small business opportunity.
D. a lifestyle business opportunity.
Answer: A
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The haircut you get in January is different from the haircut you get in June. Which characteristic of services best describes this event?
A) intangibility B) tangibility C) nonstandardization D) inseparability
Senior management at LennoCorp wants a better understanding of the relationship between the values of the jobs at the firm, as determined by their job evaluations, and the actual pay rate for each of those positions. The HR team can provide this information graphically by using a
A. pay grade. B. wage curve. C. point system. D. salary plot.
When a preferred supplier does not exist, competitive bidding and negotiation are two methods commonly used for final supplier selection
Indicate whether the statement is true or false.
To qualify as a holder in due course, the holder must first be a(n)
a. payee of the instrument. b. holder of the instrument. c. indorser. d. assignee.