If a business uses the periodic inventory system, the sales journal will ________.
A) record both the cash and credit sales
B) include a Purchase DR and Account Receivable CR column
C) exclude the Accounts Receivable DR and Sales Revenue CR column
D) exclude the Cost of Goods Sold DR and Merchandise Inventory CR column
D) exclude the Cost of Goods Sold DR and Merchandise Inventory CR column
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Which of the following is an essential element in establishing an ethical leadership?
A. The personality traits of the team members B. The ethical nature of the team members C. The end or objective toward which the leader leads D. The prevailing culture in the external environment
The sorting process enables manufacturers to _____
a. increase their power in the channel of distribution b. specialize in one item or product line c. fulfill government grading requirements d. limit product distribution to the most profitable geographic areas
All things being equal, nonprofit organizations normally prefer to deal with their target audiences directly and not use intermediaries because
a. response time is quicker b. new channel opportunities emerge c. offerings can be tailored to target segments d. it attracts more attention to the offering e. all of the above
______ is characterized by growing worldwide connections between organizations and their various constituencies, by rapid and discontinuous change, by growing numbers and diversity of actors involved in global activities, and by greater managerial complexity.
Fill in the blank(s) with the appropriate word(s).