Continual training is necessary to update knowledge and skills in firms of all sizes.

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


True

Business

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Which of the following is not considered a source of competitive intelligence?

A) a company's sales force B) suppliers and resellers C) competitors' internal databases D) key customers E) online databases

Business

The following information is available for Prudhoe Company: Disbursements for purchases ........................... $290,000 Increase in trade accounts payable .................... 25,000 Decrease in merchandise inventory ..................... 10,000 Cost of goods sold was

a. $325,000. b. $305,000. c. $275,000. d. $255,000.

Business

Which of the following is correct concerning anti-takeover efforts?

a. Most states have passed laws to deter hostile takeovers, but these statutes have not totally eliminated hostile takeovers. b. Federal statutes have been more effective than state statutes in eliminating hostile corporate takeovers. c. The most effective federal statute has been the Poison Pill Act. d. The Williams Act has been the most effective legislation in regulating of the actions of the target company.

Business

Which of the following is NOT required to create a valid trust?

a. Legal age and sound mind of the grantor b. Witnesses c. A beneficiary(ies) d. Property transferred to the trust

Business