According to the textbook, in order for an organization to be called a business it must:

A) exchange a product with a customer.
B) make money.
C) be a corporation.
D) provide a service.


A) exchange a product with a customer.

Business

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Which of the following statements is true of a proposal structure?

A. The format of a proposal is independent of the length of the proposal. B. Long proposals use a memo format. C. Proposals do not include preliminary report parts. D. Proposals include the price to be charged or the costs to be incurred.

Business

Large business enterprises employ financial accountants who are primarily concerned with__________ financial reporting

a. corporate tax b. management c. external d. international

Business

Product development cycle time is ______.

a. the time it takes to conceptualize, produce, and deliver a product or service b. the time it takes to receive supplies from the time these are ordered c. the time it takes to deliver a product or service d. the time it takes to manufacture a product or service

Business

Sara is researching cross-country differences in demographic, cultural, and market conditions. She would not likely discover that

A. Keurig has acquired a large coffee farm in Costa Rica. B. McDonald's offers 100 percent beef-free products in its outlets in India. C. Nike produces its own line of skate shoes. D. Intel's silicon chips are identical across the world. E. Scotland provides low-cost loans to U.S. craft whisky distillers seeking entry to its markets in order to stimulate competitive rivalry.

Business