The obligations and debts of a business are referred to as:
A. dividends.
B. assets.
C. liabilities.
D. equities.
Answer: C
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Once a product has been developed and is on the market, the company can extend the product by ________.
A. creating new names for the same products B. developing persuasive advertisements C. creating additions to existing product lines D. creating a fundamental change in the marketplace E. upgrading or modifying existing products
_____________, more commonly known as the cause-and-effect relationship, is a type of inductive reasoning.
a. Cognitive dissonance b. Causal reasoning c. Analogical reasoning d. Deductive reasoning
Ines is currently training Shelby on the proper way to deliver drinks to a table. Ines is telling Shelby that when there appears to be a child under the age of 5, she should, by default, bring the drink in a cup with a lid and straw to minimize the risk of spills she would have to then clean up. Which stage of coaching is Sloan using?
a. Describe current performance. b. Describe desired performance. c. Get a commitment to the change. d. Follow up.
Which of the following is the most accurate description of a direct competitor for a firm?
A) a firm that sells complementary goods or services B) a firm that offers identical goods or services to another market C) a firm that sells similar, but not identical, goods or services D) a firm that offers identical goods or services to the same market