The key distinction between consumer products and business products is their intended use.
Answer the following statement true (T) or false (F)
True
Products can be classified as either business (industrial) or consumer, depending on the buyer’s intended use. If a cleaning service is used in one’s home, it is a consumer product. However, if the cleaning service is used in an office or a manufacturing plant, it is considered a business product. See 10-2: Types of Consumer Products.
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A service bureau is a firm providing information processing services, including hardware and software, for a fee
Indicate whether the statement is true or false
Tamra is getting ready to graduate with a management degree from her university. She is having difficulties deciding what path she should take with the work she will do after graduating. The issue Tamra facing is ______.
A. career placement B. career indecision C. career training D. career decisiveness
________ are required to collect sales tax from customers, make periodic payments to the taxing authority, and pay the taxes due when reports are filed.
A. Retailers B. Wholesalers C. Manufacturers D. Distributors
Bob's debit card was stolen on Wednesday. He notifies his bank of the theft the following morning. Meanwhile, the thief has used his card to purchase $800 worth of goods and services
Based on this scenario, which of the following is true of the Electronic Fund Transfer Act? A) Bob is liable for $50 of the $800. B) Bob is liable for $300 of the $800. C) Bob is liable for $500 of the $800. D) Bob is liable for the whole amount.