Service businesses provide services for income, while a merchandising business sells merchandise
Indicate whether the statement is true or false
True
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Which of the following is NOT one of the three types of information that is obtained from a questionnaire?
A) basic information B) problem-solving information C) classification information D) identification information E) C and D
Why is the residual value of equipment relevant when considering the replacement of equipment?
Betty starts up a business selling party supplies from a retail store. This business is very
successful. She opens several other stores in the same city. She eventually has six similar stores in her city. She has a manager for each store who is paid a fixed annual salary. All her other employees are paid on an hourly basis. She has never chosen any particular form of business organization for this business. This business is most likely: A) A franchise. B) A corporation. C) A joint venture. D) A sole proprietorship. E) A partnership.
An ERP system works on a(n) ________ database that allows various departments to share information and communicate with each other
A) silo B) ERP C) single D) archive E) none of the above