Answer the following statement(s) true (T) or false (F)
Tangible assets as well as intangible assets of a business need to be assessed for proper venture evaluation.
ANSWER: True
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The interest on any amount for 30 days at 12% can be determined by taking the principal times the 12% rate times the days
Indicate whether the statement is true or false
A court may find two persons to be partners even though neither had the specific intent to create a partnership.
Answer the following statement true (T) or false (F)
If one department in a large organization is being reorganized, this can be considered what kind of change?
a. Radical from the position of senior leaders b. Incremental from the position of employees in the department c. Continuous from the view of the organization d. Discontinuous from the view of senior leaders
Which of the following statements about customer service is true? A. Customers must initiate the requirement that customer-service procedures be implementedthroughout an organization
B. An excellent customer-service reputation cannot give the organization a competitive edgein the marketplace. C. Customer service is a problem-solving function that should exist only when a customerreports a problem. D. Customer service will not receive the attention it deserves without the support of the organization's top management.