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

A startup that surpasses the $1 billion level is known as a unicorn.


ANSWER: True

Business

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Which of the following is true about a marketing cost scope effect?

A) It refers to a reduction in the sales expenditure, to increase profit margins. B) It refers to production process improvements that are the result of learning. C) It refers to the use of innovative marketing strategies to increase market share. D) It refers to cost efficiencies derived from product line extensions. E) It refers to the cost efficiency achieved by avoiding brand extensions.

Business

A retailer's cost of goods sold during the year equals $750,000 and its average inventory on hand (at cost) equals $375,000 . Its annual rate of stock turnover equals 2

Indicate whether the statement is true or false

Business

Before entering a transaction that raises a possible FCPA issue, from what authority can an investor request a review?

a. The Department of Commerce b. The Federal Anti-Bribery Agency c. The US Securities and Exchange Commission d. The Department of Justice

Business

Which of the following would NOT be included in a producer's total fixed cost?

A. component parts B. rent C. depreciation D. insurance E. property taxes

Business