Which of the following would not be a user of financial statements?
a. Management
b. Bankers
c. Employee unions
d. Investment analysts
e. All of the answers are users.
E
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_____ is a principle of influence that states people are more likely to say yes to a request when the requester has done something for that person in the past.
a. Social validation b. Consensus c. Reactance d. Reciprocation
What is the drawback of the five forces model? Provide an example that shows this drawback. The example can be from your reading or from your own experience.
What will be an ideal response?
Degree of usage as a basis of segmentation is best reflected by
A. the 80-20 rule. B. the rule of equity. C. the VALS principle. D. the mirror image rule. E. the iceberg principle.
A disadvantage of a corporation is that:
A. it is considered as a separate entity from its owners. B. it is subject to double taxation. C. it is personal in its approach. D. it is difficult to raise capital.