Developmental purposes for performance appraisal include evaluating goal achievement and validating selection criteria.

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


False

Business

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

1.Bonded warehouses and foreign trade zones have the effect of allowing domestic importers to prorate their input duties over time. 2.A country whose imports of a product constitute a very small portion of the world market supply of that product is a price taker. Thus, this country faces a constant world price for the imports of this product. 3.Graphically, consumer surplus is the area above the demand curve and below the product's market price. 4.Producer surplus is the revenue producers receive over and above the minimum necessary for production. 5.For a "small" country, a tariff raises the domestic price of an imported product by the full amount of the tariff. a. True

Business

In which stage of the creative selling process would the salesperson say, "What quantity would you like to order?"

A) preapproach B) close C) qualify D) handle objections E) follow-up

Business

Leo buys an exclusive territory in which he is authorized to set up a plant to make Midwest Dairy, Inc., products. After receiving the formula, Leo begins making Nice Ice-brand ice cream and other Midwest products. This is

A. a chain-style franchise. B. a distributorship franchise. C. a manufacturing franchise. D. no franchise.

Business

The return on invested capital (ROIC) differs from the return on assets (ROA). First, ROIC is based on total invested capital rather than total assets. Second, the numerator of the ROIC is after-tax operating income rather than net income.

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

Business