In a family business, the interests of the family and the interests of the business are best described as:
A. overlapping.
B. conflicting.
C. coinciding.
D. having no relationship with each other.
Answer: A
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A large collection of electronic records is called a(n) _____.
A. open system B. closed system C. database D. webmaster
A growing population does not mean growing markets unless ________
A) the people are under a democratic system of government B) there is common ownership of all resources C) people have sufficient purchasing power D) there is adequate governmental intervention in the market E) the government has a budget surplus
The daily output required from an assembly line is 80 units. If the line operates 4 hr a day, what is the cycle time per unit?
A. 3 hr B. 3 min C. 3 s D. 3 days
Brands with lower market share generally require lower advertising budgets, as a percentage of
sales, than those with high market share. Indicate whether the statement is true or false