Questions designed to increase an entrepreneurs' understanding of the nature of the environment are known as:

A. reflection tasks
B. connection tasks
C. comprehension questions
D. strategic questions


Answer: C

Business

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Second Street Company has 10 units in ending merchandise inventory on December 31. The units were purchased in November for $180 each. The price lists from suppliers indicate the current replacement cost of the item to be $174 each. Which of the following statements is TRUE of the effects of the adjustments to ending merchandise inventory and the cost of goods sold?

A) The cost of goods sold would increase by $6. B) The cost of goods sold would not be affected. C) The cost of goods sold would decrease by $60. D) The cost of goods sold would increase by $60.

Business

Advertising, sales promotion, personal selling, direct marketing, and public relations are

A) elements in the price matrix. B) marketing communication activities. C) essential to product distribution logistics. D) initial stages in the product development process. E) all dependent on mass media.

Business

Those with ______ self-schemas will be motivated to be receptive to others, to adjust to their needs, and to restrain their inner needs or desires.

A. interdependent B. motivational C. independent D. self-enhancement

Business

Of the following, which is an advantage of trademark registration?

a. Potential damages are lower. b. After five years the mark becomes almost impossible to challenge. c. It allows the trademark owner to use the TM symbol to put others on notice of the protection. d. It can't be used as an Internet domain name.

Business