Current assets, fixed assets, and liabilities are all part of an organization's

A. cash flow statement.
B. capital expenditures budget.
C. income statement.
D. expense budget.
E. balance sheet.


E. balance sheet.

A balance sheet summarizes an organization's overall financial worth, or in other words, its assets and liabilities, at a specific point in time.

Business

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When appraising a paramedic, Derrick based his appraisal on the individual’s performance on emergency diagnostic and treatment procedures. It appears that Derrick is basing his appraisal on ________.

A. traits B. behaviors C. results D. incidents E. None of the above

Business

Which of these statements about time performance is best?

A) A supplier with high delivery speed must have high delivery reliability. B) A customer with a narrow delivery window should have a supplier with high delivery reliability. C) A supplier with low delivery reliability must have low delivery speed. D) A customer with a wide delivery window should have a supplier with low delivery reliability.

Business

Stump's Hot Olives are manufactured by a family business in Wisconsin and are sold in Midwestern grocery stores, through mail order, and to a few local restaurants. The company has been in operation since 1998 and relies on labor from family and friends to produce and package olives in attractive, reusable glass containers. They use store demonstrations to introduce their spicy olives to new customers. Discuss how this company can establish or maintain at least one of the three types of competitive advantage.

What will be an ideal response?

Business

An advantage of using a panel of consumers for marketing research is

A. there will usually be one panel member who dominates the discussion and helps keep the conversation focused. B. the company can find out if consumers change their purchasing behavior over time. C. the discussion leader can help change negative panel responses into positive ones. D. panel members are highly defined demographically, so it is relatively simple to replace an individual member without losing continuity. E. panel members often help each other by bringing up ideas for discussion that others didn't initially think of but that were important to them.

Business