The proportion of world trade accounted for by Asia has ____ since 1980.
A. seen an overall decline
B. increased by 20 percent
C. increased fivefold
D. almost doubled
E. tripled
Answer: D
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The last step in the operating cycle is the
A) sale of merchandise inventory for cash or on credit. B) payment for purchases made on credit. C) collection of cash from credit sales. D) purchase of merchandise inventory for cash or on credit.
In which type of culture are employees active in decision-making and kept informed of the organization’s vision and direction. Given this, they tend to be productive, engaged, and committed to the company?
A. ethical B. fragmented C. positive organizational D. communal
________ establishes a price based on the cost to manufacture a product or deliver a service
A) Value-based pricing B) Fixed cost pricing C) Cost-based pricing D) A skimming price E) Price bundling
Organizational values are part of the culture of an organization.
a. True b. False