A ratio of outputs to inputs is a(n)

a. effectiveness measure.
b. efficiency measure.
c. qualitative measure.
d. cost reduction measure.


B

Business

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Using a consultative customer-oriented sales approach leads to lower firm profitability and loss of customer base.

Answer the following statement true (T) or false (F)

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Which of the following is legally a separate entity from its owner(s)?

A) Sole proprietorship only B) Sole proprietorship and partnership only C) Corporation only D) Partnership only

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Answer the following statement true (T) or false (F)

Business

In a no-arrival, no-sale contract, the seller is not required to deliver replacement goods to the buyer

Indicate whether the statement is true or false

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