Structural elements of a business include:

A) policies.
B) people.
C) decision rules.
D) computer systems.


Answer: D

Business

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Answer the following statement(s) true (T) or false (F)

1. To be classified as a small business, a firm must have fewer than 100 employees. 2. According to the definition given by the Small Business Act, small businesses must be independently owned and operated. 3. A small business is considered small when compared to other businesses in the same industry. 4. Small businesses make a relatively small contribution to the economy. 5. More than 90 percent of all corporations are small, including farms.

Business

In general, it is prudent to purchase a no-load fund instead of a load fund

Indicate whether the statement is true or false.

Business

Which of the following is an example of disintermediation?

A) A manufacturing firm introduces a new line of products. B) A manufacturing firm uses in-store marketing to help customers locate its products. C) A manufacturing firm chooses retailers that can provide customer support for its products. D) A manufacturing firm closely monitors the activities of its retailers to ensure that its brand image is not harmed. E) A manufacturing firm supplies its products directly to the retailers, instead of selling them to the wholesaler.

Business

One task of the ______________________________ phase is to convert to the new or revised system.

Fill in the blank(s) with the appropriate word(s).

Business