According to the text, what is the major advantage of business failure?
a. Once the business is closed, stress is reduced.
b. Avoiding failure makes the entrepreneur more vigilant.
c. Failure makes learning for future performance more intensive.
d. Those who aren’t suited for business get out early.
c. Failure makes learning for future performance more intensive.
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JJ Distributors Ltd. buys electronic products from manufacturers for wholesale and sells them to various retail outlets. To which of the following markets does JJ Distributors Ltd. directly cater?
A) business markets B) reseller markets C) manufacturer markets D) supplier markets E) consumer markets
For which of the following situations would a business letter be more appropriate than an e-mail message?
A) Requesting information about a product B) Replying to a customer's e-mail asking about available shipping methods C) Soliciting donations for a community charity event D) Telling all employees how to purchase parking permits
Social egalitarians believe:
a. the ends justifies the means. b. society should provide each person with equal amounts of goods and services regardless of the contribution each makes to increase society's wealth. c. society should divide wealth based on each person's contribution. d. that if persons wish to act morally, they should emulate those in the society who always seem to do the right thing.
A person's written statement that he is leaving property "to Margaret in full confidence and with hope she will take care of Tina" is too indefinite to create a trust
a. True b. False Indicate whether the statement is true or false