A receiving report is to goods what a(n) ____ is to services
a. purchase requisition
b. purchase order
c. acceptance report
d. vendor packing slip
C
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A ________ control technique accomplishes standardized behavior and work outputs.
A. clan B. direct supervision C. bureaucratic D. management by objectives E. feedforward
Significant business develops in Mexico for Natural Beauty Cosmetics, Inc., a U.S. firm. Natural Beauty appoints Ojos, Ltd., a Mexican firm, to act as Natural Beauty's marketing representative in Mexico. This is
A. a joint venture. B. franchising. C. indirect exporting. D. licensing.
?Which of the following statements concerning liquidated damages is NOT TRUE?
A. ?A liquidated damages clause will be enforced, if, when the contract was made, it was difficult to estimate actual damages. B. ?The amount of liquidated damages must be a reasonable estimation of the actual harm resulting from a breach. C. ?Nominal damages are not the same thing as liquidated damages. D. ?Liquidated damages are enforceable even if the amount is considered to be a penalty on the breaching party.
The liquidity of a firm is
A. often measured by a ratio of current assets to current liabilities. B. not important to a company's financial health. C. the ability of the firm to sell its products quickly. D. a measurement of spontaneous financing.