A limited liability company is a form of unincorporated business association that blends the advantages of both general and limited partnerships, because all its members may have limited liability and all may participate in management and control without loss of limited liability

Indicate whether the statement is true or false


True

Business

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The holistic marketing framework is designed to address three key management questions. Which of the following is one of those questions?

A) Value claims—how does the company deal with value clutter? B) Value proposition—how can value propositions be made profitable? C) Value erosion—are there weak links in the company's value chain? D) Value network—how can a company effectively network? E) Value exploration—how can a company identify new value opportunities?

Business

Which of the following statements about the break-even point is true?

A) It is used to determine how many more units need to be sold to increase market share by a specific amount. B) It is a technique used to calculate fixed costs. C) It determines the amount of retained earnings a company will have during an accounting period. D) It is a technique marketers use to examine the relationship between supply and demand. E) It is calculated using contribution per unit costs and total fixed costs.

Business

ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable cost per unit are tabled here. Determine the production volume at which costs of Processes A and B are equal.


a. 2,000
b. 3,000
c. 4,000
d. 1,000

Business

The necessary elements to establish a claim of harassment include all of the following EXCEPT:

a. The harassment was based on a protected class characteristic. b. The harassment resulted in tangible employment action or created a hostile environment. c. The harassment was welcome. d. All of these are necessary elements of the claim.

Business