Pierre Omidyar saw the opportunity that led to eBay when he linked three items: (1) a personal fascination with creating more efficient markets, (2) the desire of his fiancée to locate hard-to-find collectible Pez dispensers, and (3) the ineffectiveness of local classified ads in locating such items. This is an example of which innovator DNA trait?
A. questioning
B. associating
C. networking
D. experimenting
Answer: B
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Fleetwood Company signed a three-year note payable for $59,000 at 7% annual interest. What is the interest expense for 2019 if the note was signed on August 1, 2019? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $2065 B) $1721 C) $12,390 D) $4130
Universal Appliance prices its refrigerators at five distinct price levels based on finish, style, capacity, and features. They range from $799 to $9,500. This is an illustration of price steps
Indicate whether the statement is true or false
Firms that decide against international expansion to play it safe ________
A) protect themselves from competition at home B) gain a competitive edge against imports in their home markets C) successfully shield themselves from foreign competition D) risk losing their home markets E) increase their chances of entering other markets
Which of the following is NOT one of the “six C’s” developed for effective managerial writing?
A) Courtesy B) Clearness C) Confidence D) Correctness