What is the relationship between earnings, education, and standard of living?
What will be an ideal response?
Answer: There is a direct relationship between earnings and standard of living and education. The more education an individual has, the more he or she will earn in general and thus enjoy a higher standard of living. The opposite holds true also. The less education one has the lower the earnings and standard of living.
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Which of the following is/are true about amounts received from shareholders for the firm's shares when the firm first issued them?
a. The firm assigns the par value of a share of stock at an amount it chooses. b. Par values are typically small, often $1 or less per share. c. Par values are rarely equal the amounts the firm receives when it issues the shares. d. The sum of the par value amount and the additional paid-in capital amount is the total amount received from shareholders. e. All of these answers are true.
What is the investment capital funding sought at the development and initial launch stage of the venture called?
a. Seed b. Series A c. Series B d. Series C
Fluctuations in the economy follow a general pattern known as the business cycle. It includes prosperity, recession, depression, and recovery.
Answer the following statement true (T) or false (F)
People who control the flow of information in the buying center, such as technical experts and secretaries, can keep salespeople and information from reaching others in the buying center and are referred to as ________.
A. obstructionists B. deciders C. influencers D. power-brokers E. gatekeepers