Which of the following types of businesses might have an operating cycle longer than one year?

A. Ski resort.
B. Commercial airplane manufacturer.
C. Clothing retailer.
D. Wheat farmer.
E. Florist.


Answer: B

Business

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All of the following are examples of using customer co-creation in product design except:

a. Apache, Linux, Firefox. b. Boeing 787 Dreamliner. c. Staples (office supplies retailer). d. VW's payment to past customers to join a forum for product upgrades. e. Sun Microsystems' Java Center.

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A significant difference between the organizational structure used by a chain retailer and by a diversified retailer is that the chain retailer more often has _____

a. elaborate financial controls b. standardized operations in all units c. a more complex organization structure d. a large number of divisions

Business

Due to concerns about monopolistic power, French law does not allow industry level agreements to be extended across companies within the same industry.

Answer the following statement true (T) or false (F)

Business

The UCC imposes a duty of good faith in the performance of all contracts

a. True b. False Indicate whether the statement is true or false

Business