If a company's assets exceed its liabilities, owners' equity is negative
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: If a company's assets exceed its liabilities, owners' equity is positive; this is based on the accounting equation.
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The nature of B2B markets requires ________.
A. companies to focus primarily on selling products that end up as components for finished goods B. a more personal relationship between the buyer and seller than in B2C markets C. organizations to invest more on consumers than suppliers to maintain their business D. investment of more resources primarily on service sectors E. impersonal communication at regular intervals through mediums such as direct mail
An employer would likely prefer this kind of pension plan:
a. a defined benefit plan b. a defined contribution plan c. a hybrid plan d. none of these
What are buyer power, potential entrants, power of suppliers, potential of substitutes and industry rivalry?
What will be an ideal response?
Odd pricing refers to the practice of:
A. charging different prices at odd intervals rather than maintaining stable and predictable pricing. B. ending prices in numbers below even dollars and cents. C. charging prices that differ significantly from competitors' prices. D. setting prices based on a statistical analysis of the amount consumers are willing to pay.