Exit champions are often reluctant to gather hard data about a venture because it might kill the project.

Answer the following statement true (T) or false (F)


False

One way to avoid costly and discouraging defeats is to support exit champions, a key role in the corporate entrepreneurship process. In contrast to product champions and other entrepreneurial enthusiasts within the corporation, exit champions are willing to question the viability of a venture project. By demanding hard evidence and challenging the belief system that is carrying an idea forward, exit champions hold the line on ventures that appear shaky.

Business

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Business

Motorzone offers replacement parts for old Volkswagen Beetles. The company calculates shipping charges based on shipping parts from Boston, even though some parts actually ship from St. Louis. Motorzone most likely practices ________ pricing

A) FOB-origin B) basing-point C) zone D) uniform-delivered E) freight-absorption

Business

The rule that (1) requires revenue to be recognized when goods or services are provided to customers and (2) at the amount expected to be received from the customer is called the:

A. Objectivity principle. B. Revenue recognition principle. C. Business entity assumption. D. Going-concern assumption. E. Measurement (Cost) principle.

Business

Unlike public relations, ________ messages are by definition paid marketing communications

A) word of mouth B) publicity C) advertising D) viral marketing E) two-way marketing

Business