Value is the relationship between the price of a good or a service and the benefits that it offers its customers.

Answer the following statement true (T) or false (F)


True

Value is the relationship between the price of a good or a service and the benefits that it offers its customers. See 1-1: Business Now: Moving at Breakneck Speed

Business

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Which of the following is NOT true about buying cars?

a. To prevent excessive haggling, do not mention a trade-in vehicle until you have focused on the cost or you are asked. b. Price bargaining is still the preferred method of many buyers. c. The closer your final drive-out price is to the dealer’s cost, the better the deal you have negotiated. d. A growing number of new car dealers use no bargaining sales techniques. e. Promptly answer the sales technique question: “How much do you want to pay?”

Business

When a company receives an SBIR grant, any patent rights and software generated belong to:

A. the entrepreneur. B. the bank securing the loan. C. the Federal Government. D. the Small Business Administration.

Business

________ are predesigned procedures for using software products.

A. Encapsulated processes B. Modules C. Triggers D. Inherent processes E. Service descriptions

Business

Tracking your spending for a month or so will help you plan savings

Indicate whether this statement is true or false.

Business