Which of the following is a negative of family businesses?
A. Close communication among family members
B. Long-range thinking by leaders of the firm
C. Lack of knowledge among those outside the firm
D. None of these are correct.
Answer: C
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This is the most effective delivery style
A) manuscript B) impromptu C) extemporaneous D) memorized
The reason Lin has been so successful in expanding her small auto body shop into a very profitable business with three locations is very simple. From the beginning, she has quietly focused on doing the work that needed to be done and avoided being distracted from that work. Which entrepreneurial type best describes Lin?
a. machine b. hustler c. prodigy d. innovator
When job 711 was completed, direct materials totaled $4,000; direct labor, $4,600; and factory overhead, $2,400, respectively. Units produced totaled 1,000. Unit costs are:
A) $11,000 B) $1,100 C) $110 D) $11
Direct fixed expenses are the fixed costs that are not traceable to the segments and would remain even if one of the segments was eliminated
Indicate whether the statement is true or false