________ allows firms to sell products, advertise, purchase supplies, bypass intermediaries, track inventory, and eliminate paperwork.
a. Social networking
b. E-commerce
c. Blogging
d. Video sites
e. None of the above
e-commerce
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Which of the following is/are true about goodwill?
a. Goodwill reflects the value of knowledgeable employees. b. Goodwill reflects the value of a reputation for quality products. c. Under both U.S. GAAP and IFRS, goodwill has an indefinite life, and firms do not amortize the amount recognized as goodwill. d. Firms must test goodwill annually for a loss in value. e. all of the above
The fiduciary duty of an agent has no bearing upon his ability to act on behalf of a competitor of his principal
a. True b. False Indicate whether the statement is true or false
If he sticks to this plan, Arnold's savings will have grown to approximately ________ by age 62
Arnold learned something very valuable as a teenager from his dad. He was told to invest $1,000 at 12% interest at age 20 and leave it alone until age 65. Arnold's dad knew that one strategy that wealthy people use is to exercise self-discipline to never touch this long-term plan. Arnold is very happy he applied his dad's advice. A) $116,723 B) $163,987 C) $9,646 D) $1,125,945
The use of dashboards and data visualizations is seldom effective in finding efficiencies in organizations, as demonstrated by the Seattle Children's Hospital Case Study
Indicate whether the statement is true or false