The GASB has the authority to establish accounting and financial reporting standards for both government-owned and private not-for-profit organizations.

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


False

The FASB has standard-setting authority over business organizations and private not-for-profit organizations. The GASB has standard-setting authority over state and local governments, including governmentally related not-for-profit organizations.

Business

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Which of the following is the most accurate description of a value network?

A) a system of partnerships and alliances that a firm creates to source, augment, and deliver its offerings B) a system of organizations and resources involved in moving a product from supplier to customer C) an arrangement whereby an organization transforms inputs into finished goods D) a network that allows an organization to take the finished products to the end-users E) a communication network that allows an organization to transfer information to end-customers

Business

Glasis is a type of paint made specifically for use on cars. An ad in Motor Trend magazine advising consumers to request their auto body shops to use Glasis paint is an example of how a company uses ________

A) word-of-mouth influence B) public relations C) buzz marketing D) a push strategy E) a pull strategy

Business

Jen is a member of a team within her company that needs to solve the problem of why their customer base is decreasing. The team is small, with only seven members, including her. After Jen’s boss gives the team their assignment, they begin to determine why their customer base is shrinking. They decide to make a diagram. Jen’s group is using which organizational development intervention?

a. process consultation b. survey feedback c. forcefield analysis d. work design

Business

Premier luxury goods are distributed through a selective distribution strategy

Indicate whether the statement is true or false

Business