On December 30, Year 1, Plank Company entered into a contract to purchase inventory over the next year. This is an example of a(n)
a. debit to an intangible asset.
b. debit to a tangible asset.
c. credit to a current liability.
d. executory contract.
e. anticipatory contract.
D
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After a series of bus accidents, one of which resulted in a critical injury to a driver, Inland Shuttle drivers received additional training and buses were retrofitted with new braking systems. This helps to satisfy which of Maslow's needs?
A. Self-actualization B. Esteem C. Love D. Safety E. Physiological
Discuss how an increased educational level in the United States has affected the American household and how marketers have responded to these changes
What will be an ideal response?
Which of the following is not one of the principal components of strategic significance in the PESTEL analysis?
A. sociocultural forces that include societal values, attitudes, cultural factors, and lifestyles that impact business B. technological factors that include the pace of change and technical developments that have the potential for impacting society C. political factors including the extent to which government intervenes in the economy D. economic conditions that include the general economic climate and specific factors such as interest rates, inflation rate, and unemployment rate, as well as conditions in the stock and bond markets that can affect consumer confidence E. environmental forces that include the competitive structure, the degree of industry fragmentation, and the mobility barriers that inhibit business
According to free market economic models, free trade across countries encourages all of the following except:
A. More efficient utilization of scarce resources B. Increased size of product markets C. Generalist countries (i.e., countries that can produce some of everything) D. Reduced monopoly power of domestic companies