When a country's currency is devalued, this ____ the cost of foreign goods and ____ the cost of domestic goods to foreign firms.
A. increases; decreases
B. reduces; reduces
C. decreases; increases
D. neutralizes; raises
E. neutralizes; decreases
Answer: A
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______ communication is the ability to give and exchange information, ideas, and processes verbally, either one-on-one or as a group.
A. Oral B. Nonverbal C. Written D. Electronic
Which of the following correctly pairs a product with the stage in its life cycle?
A. checkbooks: growth B. credit cards: maturity C. 3-D televisions: obsolescence D. smart cards: decline
What does the Employee Polygraph Protection Act prohibit?
A. the use of the polygraph for the making of employment decisions B. the use of dishonesty in sharing results of polygraph tests C. the use of hiring tests to protect companies from lawsuits D. the use of graphs for displaying results of hiring tests
Aardvark needs some quickly obtainable funds to pay some overdue bills. It is considering using factoring–obtaining cash in exchange for outstanding accounts receivable funds
Which of the following, if true, strengthens the case for using factoring? A) Factoring can be a costly way to obtain ready cash. B) Aardvark would not have to liquidate any of its core assets to stay in business. C) Customers may be annoyed if they think their account has been turned over to a collection agency. D) Additional accounting practices are necessary to keep track of factored customer accounts. E) Factoring companies usually won't take on receivables more than 90 days old.