The Cedar Store carries a full line of cedar swings, gliders, garden benches, and tables. All of its products can be purchased through its Web site. The site has done well since the Cedar Store's products do not need to be touched or smelled before purchase. The Cedar Store is engaging in:
A. online retailing
B. shop-at-home networking
C. mobile vending
D. franchising
E. electronic wholesaling
Answer: A
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Seth and Beth have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%; salary allowances of $27,000 and $18,000, respectively; and the remainder to be divided equally. How much of the net income of $42,000 is allocated to Seth?
a. $20,000 b. $23,000 c. $32,000 d. $0
Which statement about ERP installation is least accurate?
a. For the ERP to be successful, process reengineering must occur. b. ERP fails because some important business process is not supported. c. When a business is diversified, little is gained from ERP installation. d. The phased-in approach is more suited to diversified businesses.
________ serves as a guide to the future by showing how the company's products and services, processes, and policies must evolve and what new technologies must be developed to get there
A) New clean technology B) A cradle-to-cradle practice C) Pollution prevention D) Product stewardship E) A sustainability vision
Employees are socialized into organizations through observation alone.
Answer the following statement true (T) or false (F)