Successful database marketing emphasizes two things: identifying customers and building relationships

Indicate whether the statement is true or false


TRUE

Business

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Interest is capitalized when incurred in connection with the construction of plant assets because

a. interest is considered a part of the acquisition cost of the related plant asset. b. the decision to purchase a plant asset is a business decision separate from the financing decision. c. many plant assets last longer than 20 years. d. interest is considered an expense of the period.

Business

In the context of entrepreneurship, passion is:

a. an intense positive emotion that keeps entrepreneurs focused and motivation b. an intense negative emotion that keeps entrepreneurs focused and motivation c. always motivated by an entrepreneur’s financial interests d. an often weak and sporadic emotion occasionally experienced by the entrepreneur

Business

Under the Revised Act and an increasing number of other statutes, by a majority vote, shareholders may remove the entire board of directors without cause

a. True b. False Indicate whether the statement is true or false

Business

National Safety Inc., an insurance firm, replaced its existing project management software with new software from another supplier. Since the new software has different features and abilities, National Safety has had to spend $10,000 on training its employees to use it. In this scenario, $10,000 represents National Safety's

A. switching cost. B. excise duty. C. octroi charge. D. opportunity cost.

Business