An action to recover damages for breach of contract may be maintained only if the plaintiff has sustained or can prove an injury or loss resulting from the breach
Indicate whether the statement is true or false
False
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It is necessary to avoid using negative-sounding "you" messages as a primary means of addressing customers.
Answer the following statement true (T) or false (F)
The idea that decision makers find the notion of an actual loss more painful than giving up the possibility of a gain is called
A. a heuristic. B. an availability bias. C. a representativeness bias. D. the prospect theory. E. satisficing.
What is productivity? Why is increasing productivity important? In the context of a specific job, preferably from your own experience, discuss at least three ways that managers can improve productivity.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. In a vertical analysis of the balance sheet, each line item is shown as a percentage of stockholders' equity. 2. Vertical analysis involves comparing an amount for a line item in the financial statements with a corresponding amount for the line item of the previous year. 3. In a vertical analysis of the income statement, each line item is shown as a percentage of net income. 4. Martin Company's cost of goods sold is 40% of net sales revenue. This means that for every $1 of net sales revenue, Martin has $0.60 of gross profit. 5. In 2018, Spirit Company's net income was 10% of net sales revenue. In 2019, the net income was 5% of net sales revenue. There is no need for investors to be alarmed because a drop from 10% to 5% is not significant.