________ is a change in a person's thought processes caused by prior experience.

A. Wanting
B. Perception
C. Selective retention
D. Learning
E. Processing


Answer: D

Business

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Under the allowance method, the write-off of an account as uncollectible affects the balance sheet and the income statement

Indicate whether the statement is true or false

Business

The sum of all task times in producing a product is 15 min. Eighty units need to be produced in 4 hr. What is the number of workstations required?

A. five B. six C. seven D. eight

Business

You have been hired to evaluate SunPower's ability to compete successfully against its market rivals in the U.S. solar power industry. Briefly list the guiding questions for your strategic assessment of SunPower.

What will be an ideal response?

Business

What is a primary difference between an industrial distributor and a manufacturers' agent?

A. A manufacturers' agent does not acquire title nor usually take possession of the products whereas an industrial distributor does. B. A manufacturers' agent is employed by the manufacturers while an industrial distributor is independent. C. An industrial distributor is employed by the manufacturers while a manufacturers' agent is independent. D. A manufacturers' agent rarely adds any value to the marketing channel while an industrial distributor reduces costs significantly. E. An industrial distributor does not form relationships with customers for repeat business whereas a key asset of a manufacturers' agent is his knowledge of his customers.

Business