In marketing terms, what is a person looking to satisfy if he or she feels deprived of basic necessities such as food, clothing, shelter, transportation, or safety?
A. a dilemma
B. a want
C. a craving
D. a need
E. a desire
Answer: D
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Which of the following best describes profit sharing?
A. incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary B. a combination of performance measures directed toward the company's profit and used as the basis for awarding incentive pay C. a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard D. a group incentive program that measures improvements in productivity and effectiveness and distributes a portion of profit to employees E. an incentive plan where a percentage of the previous year's profits is provided to the employees as a part of their salary
Pleasant Hills Properties is developing a golf course subdivision that includes 250 home lots; 100 lots are golf course lots and will sell for $95,000 each; 150 are street frontage lots and will sell for $65,000. The developer acquired the land for $1,800,000 and spent another $1,400,000 on street and utilities improvement. Compute the amount of joint cost to be allocated to the street frontage lots using value basis. (Round your intermediate percentages to 2 decimal places.)
A. $1,620,800. B. $720,000. C. $1,080,000. D. $1,920,000. E. $1,579,200.
. In 2012, President Obama signed the JOBS Act, which ______________ in the U.S.
a. legalized crowdfunding b. legalized equity crowdfunding c. outlawed equity crowdfunding d. legalized crowdsourcing
The sense of urgency regarding entrepreneurship tends to fall when fear of failure is low. This most likely happens in countries where:
A. there is a low level of employment protection. B. a person is given financial support if he or she gets fired. C. limited personal resources are available. D. strict business regulations are set by the government.