If a firm lacks expertise to manufacture an item, they may consider which reason for outsourcing?
a. Lower cost
b. Insufficient capacity
c. Lack of technology or expertise
d. Better quality
c. Lack of technology or expertise
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The balance of the income summary account of a corporation is transferred to which of the following accounts?
a. Capital Stock b. Cash c. Premium on Sale of Capital Stock d. Retained Earnings
A(n) ________ has the ability to develop and combine nontraditional alternatives to meet the specific needs of the customer.
A. creative problem solver B. low-involvement decision maker C. exchange creator D. transactional partner E. tactical partner
Which of the following is most closely associated with the Sarbanes-Oxley Act of 2002?
A) Publicly traded companies must identify when they are using puffery in marketing communications. B) Publicly traded companies are not allowed to suppress competition. C) Publicly traded companies must publish results of their marketing accountability processes. D) Employees of publicly traded companies cannot be held responsible for the business practices of their companies. E) Leaders of publicly traded companies are responsible for the business practices of their companies.
In general, the law will grant relief in a situation involving mistake only where there is a ________ mistake involving a(n):
a. unilateral; opinion. b. mutual; issue of law. c. mutual; material fact. d. unilateral; fact.