Explicit knowledge is thought to have a stronger impact on helping organizations achieve a competitive advantage than tacit knowledge.
Answer the following statement true (T) or false (F)
False
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A major advantage of franchising for the franchisor is the:
A. enhancement of competition among the retail outlets. B. absence of state or federal regulations governing this form of business conduct. C. right to share a trade mark with the franchisee that is well known and/or highly advertised. D. ability to gain considerable control over the distribution of its products without owning the retail outlets.
A company's pricing policy objectives may include maintaining a minimum rate of return on investment
Indicate whether the statement is true or false
The decision whether to use the direct or indirect method on the statement of cash flows is relevant with respect to:
A) operating activities only. B) investing activities only. C) financial activities only. D) all activities.
Assume that a company recorded the following journal entry:Salaries Expense2,500?Cash?2,500Indicate whether each of the following statements is true or false with regards to the impact of this journal entry.________ a) Cash decreases________ b) Total assets decrease________ c) Liabilities decrease________ d) Cash flows from operating activities increase________ e) Net income decreases
What will be an ideal response?