A(n) ________ is a privately owned organization that serves its customers to earn a profit so that it can survive.
A. nonprofit organization
B. institution
C. agency
D. cooperative
E. for-profit organization
Answer: E
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Which are two main types of external funds for venture financing:
A. Debt and equity B. Debt and savings C. Savings and investors D. Equity and savings
An appropriate retailer action in the accelerated development stage of the retail life cycle is to establish a pre-emptive market position by leasing ideal locations to lock out competition
Indicate whether the statement is true or false
Which step in the organizational development model is where specialists will often ask employees to complete the same survey post-implementation?
a. Diagnoses b. Interventions c. Determinations d. Progress monitoring
How would a 5% sales commission paid to sales personnel be classified in a manufacturing company?
A. Variable, product cost. B. Variable, period cost. C. Fixed, period cost. D. Fixed, product cost.