The term business ecosystem describes the loosely coupled but interdependent networks of suppliers, distributors, outsourcing firms, transportation service firms, and technology manufacturers

Indicate whether the statement is true or false


TRUE

Business

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Skechers and Reebok paid fines for:

A) using unsubstantiated puffery in advertisements B) making misleading claims in advertisements C) hiding the fact that the companies employed child laborers D) paying bribes to enter countries in Europe

Business

Which of the following is not true about the quick ratio?

a. It is equal to or less than the current ratio; b. It measures liquidity; c. It includes all working capital accounts; d. It is the same as the acid-test ratio; e. Generally, it should be no less than 1 to 1

Business

Achieving successful influence requires having power over the individual(s) you seek to influence.

Answer the following statement true (T) or false (F)

Business

Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units3,000 4,200 5,000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are:

A. 2,880 units. B. 3,420 units. C. 3,720 units. D. 3,120 units. E. 3,000 units.

Business