What is a probable future economic benefit that a firm controls because of a past event or transaction?
a. asset
b. liability
c. shareholders' equity
d. revenue
e. expense
A
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Joe was the CEO of Joe’s bait and tackle in Baton Rouge, LA. Joe started the company years ago and he arranged it so that all the employees in his company had to get his approval whenever a customer asked for a refund. This often resulted in unhappy customers because Joe was not always available when a customer came by the store to return an item. One of Joe’s employees, Tyrone, suggested to Joe that employees be allowed to return a customer’s money if the sale was less than 20 dollars. Given that most sales returns were less than 20 dollars, this would satisfy most customers and save Joe time. This scenario is an example of what type of innovation?
A. product B. exploitative C. people D. organizational structure
List at least three types of information can be used as an attention getter in the introduction of a speech. Give an example of one of the types.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. The theories of social entrepreneurship are similar to the theories of leadership. 2. As of 2017, funding for the Edward M. Kennedy Serve America Act was certain. 3. Social entrepreneurs have a low tolerance for ambiguity. 4. Social entrepreneurs exhibit a heightened sense of accountability to their constituencies. 5. Social entrepreneurship strategies are disruptive.
Quitting cigarette smoking and, thus, eliminating the cause of a loss is an example of
A) risk avoidance. B) risk reduction. C) risk retention. D) risk transfer.