Culture is _______; we are not born with a culture.
Fill in the blank(s) with the appropriate word(s).
learned
We learn our culture at an early age, through socialization.
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The ________ method assumes that communication expenses are just a cost of business and do not promote sales and profit.
A. marginal analysis B. competitive parity C. objective-and-task D. percentage-of-sales E. affordable budgeting
Comfort Mattresses, Inc. sold 26,000 shares of its $1 par value common stock at a cash price of $12 per share. The entry to record this transaction would be:
A. Debit Cash for $312,000; credit Common Stock $312,000. B. Debit Cash $312,000; credit Common Stock $26,000; credit Paid-in Capital in Excess of Par Value, Common Stock $286,000. C. Debit Common Stock $26,000; credit Cash $26,000. D. Debit Cash $312,000; credit Stock Liability $286,000; credit Common Stock $26,000. E. Debit Common Stock $26,000; debit Paid-in Capital in Excess of Par Value, Common Stock $286,000; credit Cash $312,000.
Otis is interested in buying a franchise from Plentiful Markets Inc. This transaction, like other franchise deals, is regulated to protect
A. certain types of anticompetitive agreements. B. franchisors from dishonest prospective franchisees. C. prospective franchisees from dishonest franchisors. D. the government's power to restrict freedom of contract.
Which category of stocks represents the highest level of risk?
A) large-cap B) mid-cap C) baby blue D) small-cap