Sonor Designs is a small business that makes greeting cards. Because of the small scale of the firm's operations, it cannot afford to purchase the expensive printers it needs to make greeting cards. Instead, it rents the printers from another organization. In the context of business financing, Sonor Designs renting essential business equipment from another company is an example of
A. asset leasing.
B. microfinancing.
C. factoring.
D. crowdfunding.
Answer: A
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Describe Amabile’s three-component model of creativity.
What will be an ideal response?
Discrepancy of quantity means
A. some manufacturers can produce more products than others. B. some consumers buy more products than others. C. the difference between the quantity of products it is economical for an individual producer to make and the quantity normally wanted by individual consumers or users. D. there are more consumers than producers. E. that demand is greater than what a company can supply.
All of the following products are likely to use the producer-retailer-consumer marketing channel except for
A. pharmaceutical drugs. B. U-Pick farm produce. C. Amazon Kindle Fire. D. designer wedding gowns. E. microbrew beers.
An effective revocation:
a. must be communicated to the offeree before acceptance b. must be communicated to the offeree after acceptance c. need not be communicated to the offeree before acceptance d. must be filed through a court e. must be initiated by the offeree