Based on the information in Table 4-3, the current and acid-test ratios are, respectively,

A) 2.37 and 1.27. B) 2.18 and 1.39. C) 2.18 and 1.27. D) 2.37 and 1.39.


C

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Mark has a reputation as being a popular professor. He is tough, but he is also known to be able to explain tough concepts to students, and he makes them feel proud of themselves after they become masters of the material. Mark has which type of power?

A. personal power B. coercive power C. reward power D. legitimate power

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When a business needs to make a complex purchase, it is most likely to form a buying center during the ________ stage of the business buying decision process

A) problem recognition B) vendor analysis C) information search D) supplier selection E) alternative evaluation

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Which of the following is NOT a condition for small and medium businesses to flourish in a country?

a. Entrepreneurship education b. Support from government c. Cultural and social norms d. Large population size

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Adrian sent an offer to Sehar by mail to sell him a used computer monitor for $125 . An appropriate response accepting this offer is first effective to form a contract when

a. Sehar's acceptance arrives at the Adrian's. b. Sehar decides to accept. c. Sehar's acceptance is put in an envelope to mail. d. Sehar mails his letter of acceptance.

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