A __ occurs when a group of individuals uses cash to purchase the shares of a firm and takes ownership and control of the firm
a. buyout
b. acquisition
c. consolidation
d. merger
A
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The primary purpose of using an appeal process for job evaluation results is to:
A. ensure that different evaluators produce the same results after job evaluation B. set pay level of the employees below that of the competitors C. reduce employee interest in unionization D. reduce employee involvement in the job evaluation process E. provide employees' with the opportunity to request skills re-evaluation
When Zappos, Inc., an online marketer of shoes, accessories, and clothing, contracts out the physical distribution task to third parties such as UPS, this arrangement is called ____. This is due to the fact that UPS does not have managerial authority within the Zappos marketing channel.
A. illegal B. logistics C. warehousing D. wholesaling E. outsourcing
Quick Depot buys tools from a supplier with an invoice amount of $19,700. The terms of the sale are 15/15, n/30. What is the net amount due on the order if the bill is paid by the 15th day?
A) $18,245 B) $19,700 C) $16,745 D) $17,760
When she uses her American Express card, Cathy obtains possession of goods or services when they are purchased. Payment is due when billed at a later date. American Express is a type of:
A. installment account B. open charge account C. revolving account D. selective account