Demand created as managers conceptualize forecasts and guess at future demand is known as ________.

Fill in the blank(s) with the appropriate word(s).


Answer: derived demand

Business

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How would a unique selling proposition most likely be used to express an idea in an advertising message?

What will be an ideal response?

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Which of the following statements best describes the act of collusion?

A) Collusion is caused by an overstatement of ending inventory. B) Collusion is an intentional act of two or more employees to accomplish theft of company assets. C) Collusion is one of the necessary outcomes of a system of internal control over financial reporting. D) Collusion is enhanced by an effective system of independent reconciliations and other checks on recorded amounts.

Business

Explain the product/service tactics employed during the growth stage of a product

What will be an ideal response?

Business

Partners of LLPs (limited liability partnerships) are personally liable for the LLPs' debts, obligations, and liabilities

Indicate whether the statement is true or false

Business