Shipping Clerk Christina included this sentence in her message to a customer: Pertaining to your returns, we must verify the shipping numbers and lot codes of all outstanding merchandise prior to issuance of a refund. This sentence is an example of
A) an unprofessional tone
B) overly formal language.
C) a conversational style.
D) plain English.
B
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Concentrating solely on one form of competitive advantage generally leads to the highest possible level of profitability.
Answer the following statement true (T) or false (F)
Banks that need additional funds to meet the reserve requirements of the Federal Reserve:
A. borrow from the state government of the state where their headquarters are located. B. borrow from banks with excess reserves. C. issue treasury bills to investors. D. decrease the coupon interest rate on the bonds issued to raise funds. E. exercise the call option on the loans extended to small businesses.
A managerial lever to increase profitability is to decrease the salvage value of each unit
Indicate whether the statement is true or false.
One advantage of mutual funds is that they do not charge fees to coverthe cost of managing the fund.
Answer the following statement true (T) or false (F)