Warranties are formal statements of expected product performance by the manufacturer

Indicate whether the statement is true or false


TRUE

Business

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Which of the following statements is incorrect?

a. The North American Industry Classification System (NAICS) was created jointly by the United States, Canada, and Mexico. b. For the NAICS, economic units with similar production processes are classified in the same industry, and the lines drawn between industries demarcate differences in production processes. c. NAICS provides enhanced industry comparability among the three NAFTA trading partners. d. NAICS divides the economy into twenty sectors. e. In most sectors, NAICS provides for compatibility at the industry (six-digit) level.

Business

What is the difference between high self-monitors and low self-monitors?

What will be an ideal response?

Business

If the company's volume doubles, the company's total cost will:

A. stay the same. B. increase but will not double. C. double as well. D. decrease.

Business

A closely guarded formula for a recipe protected by a soft drink manufacturer is a ________.

A. trade secret B. copyright C. patent D. trademark

Business