Which one of the following events creates a liability for a business?
A) An obligation to pay for goods purchased on credit from a supplier
B) Inventories purchased for cash
C) Amounts invested by the owners
D) Stock sold to the general public
A
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Which of the following situations is best suited for the use of social media and digital marketing
techniques as a promotional tool? A) situations requiring a boost in sales in the short term B) situations in which information must be timely C) situations involving high involvement products and services D) situations involving expensive complex products
An employer may use a _____________, allowing the employee to determine whether or not to maintain employment.
A. paid suspension B. reprimand C. probation time D. penalty time E. demotion
The type of training technique that requires the learner to recommend how certain situations might be solved as well as the priority with which the situations should be handled is the
A. Incident method. B. In-basket simulation. C. Business games technique. D. Simulation.
From the chapter on the characteristics of an entrepreneur, we know that after the failure of a business entrepreneurs are likely to:
A. look for a position working for someone else. B. try again and fail. C. go to work for the government. D. continue starting new ventures.