Which of the following types of businesses is considered to have a relatively low business risk?
A. A single-product firm
B. A non-cyclical firm
C. A seasonal-product firm
D. A small firm
E. A cyclical firm
Answer: B
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Which of the following uses graphics to show all activities related to a process, including its inputs and outputs, decision points such as approvals and exceptions, and any cross-functional relationships?
A. value stream map (VSM) B. process simulation C. route sheet D. process chart
Only written express warranties are valid
Indicate whether the statement is true or false
Which of the following is a common attribute used to discredit a witness?
a. Personal bias b. Prior convictions c. Prior inconsistent statements d. All of the above
Some purchase decisions are incidental, and may result from little more than seeing a product prominently displayed at a discount price in a store.
Answer the following statement true (T) or false (F)