If enterprising business people can spot a promising opportunity and then develop a good plan for capitalizing on it, they can succeed.

a. Opportunity and Enterprise

b. Consumer Choice and Demand

c. Domestic Business Environment

d. Global Business Environment

e. None of the above


Answer is a. Opportunity and Enterprise

Business

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The impact of an IT investment can depend on managers' decision-making abilities.

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

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Consulting firms, banks, IT outsourcing firms, and restaurants ______.

A. typically experience economies of scale B. are service organizations C. suffer from excess capacity D. experience diseconomies of scope

Business

Lyall Electric, Inc., maintains a sales force for its small appliance customers and a separate sales force for its automotive customers. Lyall Electric utilizes a(n) ________ sales force structure

A) intensive B) geographic C) industry specialization D) product E) performance

Business

Adverse possession of property involves:

A) Possession of the property over a lengthy period of time. B) Putting the property owner on notice of the possession. C) Actually possessing the property. D) All of the above.

Business