The set of values, ideas, and attitudes that are learned and shared among the members of a group is referred to as ________.
A. morals
B. culture
C. customs
D. norms
E. ethics
Answer: B
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Which of the following is an example of innovation?
A. A company lowers the price of its traditional product. B. A company charges fees for late returns of rentals. C. A company reduces its staff to cut operating costs. D. A company invents a new way to deliver digital content. E. A company redecorates its stores to look up to date.
A brand name refers to ________.
A. a product's identifier that only can be spoken B. a product's identifier that consists of only the symbol or design that cannot be spoken C. the identification of an organization's products based upon individual SKUs D. any word, device (design, sound, shape or color), or combination of these used to distinguish a seller's products or services E. the commercial, legal name under which a company does business
Answer the following statements true (T) or false (F)
1. Issuing preferred stock to stockholders in exchange for cash is shown under the financing activities section of the statement of cash flows. 2. Buying property, plant, and equipment for cash is considered a cash outflow for the financing activities section of the statement of cash flows. 3. Financing activities on the statement of cash flows affect the long-term liability and equity accounts. 4. The financing section of the statement of cash flows involves transactions relating to the equity accounts and the long-term liability accounts.
According to the Revised Model Business Corporations Act (RMBCA), what establishes a quorum to hold a meeting of the shareholders?
A) a majority of outstanding shares B) a majority of unissued shares C) a majority of treasury shares D) a majority of liquidated shares