Which of the following activities best describes a salesperson's job?
A. set prices
B. research on product development
C. manage production of goods
D. manage information
E. devise marketing strategies
Answer: D
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A__________is a certificate that represents a corporation's promise to repay a certain amount of money and interest in the future
Fill in the blank(s) with correct word
Under the commercial frustration doctrine, performance is excused when:
A. statutes and legislation make the performance more difficult. B. the promisor impliedly assumes the risk that the event would occur. C. something that is essential to the promisor's performance is destroyed through no fault of the promisor, but its substitute is available. D. events occur after the formation of the contract that would make the return performance of the other party worthless to the promisor.
Which statement BEST describes routine reports?
a. They should be written in an informal style. b. Few employees are required to prepare them. c. They have little value in the overall management of a business. d. They are often based on the writer's experience and related notes or files.
Which of the following statement is correct regarding the quick ratio?
A. The quick ratio is also called the working capital ratio. B. The numerator for the quick ratio is current assets minus inventory minus accounts receivable. C. The numerator for the quick ratio is current assets. D. The quick ratio is a more conservative variation of the current ratio.