Products obtained by extraction or harvest that require minimal processing before being used are called ________
A. core products
B. secondary resources
C. augmented products
D. primary commodities
D
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The exclusive right to use a certain name or symbol is called a
A) franchise B) patent C) trademark D) copyright
Stereotypes can cost the organization dearly by stifling employees' ambition so that they don't fully contribute.
Answer the following statement true (T) or false (F)
The term "additional funds needed (AFN)" is generally defined as follows:
A. Funds that a firm must raise externally from non-spontaneous sources, i.e., by borrowing or by selling new stock to support operations. B. The amount of assets required per dollar of sales. C. The amount of internally generated cash in a given year minus the amount of cash needed to acquire the new assets needed to support growth. D. A forecasting approach in which the forecasted percentage of sales for each balance sheet account is held constant. E. Funds that are obtained automatically from routine business transactions.
Management's duty to have a rational business purpose, avoid illegal behavior, and make informed decisions refers to its A) duty of care
B) duty of loyalty. C) duty of openness. D) duty of fairness.