At current growth rates, e-commerce sales will soon make up more than half of B2C sales and one-tenth of retail sales, and will double in amount from 2009 to 2012 up to $335 billion.
Answer the following statement true (T) or false (F)
False
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According to Porter, to be effective all of the following must be consistent with the organization's strategy except ________.
A. activities B. objectives C. culture D. budget E. goals
Midway Corporation is incorporated in Delaware, but it has its principal place of business in Minnesota. It does much of its business in California. For purposes of diversity of citizenship, Midway is a resident of:
A) Delaware. B) Minnesota. C) both Delaware and Minnesota. D) Delaware, Minnesota, and California.
Contribution margin is:
A. Sales less variable production, variable selling, and variable administrative expenses. B. Sales less cost of goods sold. C. Sales less variable production expense. D. Sales less all variable and fixed expenses.
All of the following statements regarding LP's are not true, except: _______
A) The words limited partnership or simply LP must appear in the firm's name. B) General partners cannot avoid personal liability by incorporating. C) Limited partners can lose their liability limitation if they participate in the control of the business. D)If sued, limited partners can lose more than their capital investment.