____ is the initial stage of the team development process

a. Grooming
b. Forming
c. Performing
d. Norming


b

Business

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The quick ratio, although similar to the current ratio, is more conservative.

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

Business

It costs a company $6 to manufacture a product. It sells the product for $10 to a wholesaler who in turn sells it to a retailer for $12. A customer of the retailer buys it for $24. What was the markup on selling price for each member of this product's channel of distribution?

A. Manufacturer's markup = 66.67 percent; wholesaler's markup = 20 percent; retailer's markup = 100 percent B. Manufacturer's markup = 60 percent; wholesaler's markup = 20 percent; retailer's markup = 100 percent C. Manufacturer's markup = 60 percent; wholesaler's markup = 23 percent; retailer's markup = 40 percent D. Manufacturer's markup = 40 percent; wholesaler's markup = 16.67 percent; retailer's markup = 50 percent E. Manufacturer's markup = 48 percent; wholesaler's markup = 18 percent; retailer's markup = 45 percent

Business

Peter Drucker stated that since it is the customer who defines value, the business enterprise has only two business functions: marketing and innovation.

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

Business

A bargain so unfair to a party that no reasonable or informed person should agree to it and a court may decline to enforce is considered to be a(n)_________

Fill in the blank(s) with correct word

Business