In the context of the workforce advantage in the business environment, as thebaby boom generation begins to retire, which of the following will likely become a crucial competitive issue in the next decade?
A. Profitable implementation of speed-to-market strategies
B. Successful use of digital resources to find customer data
C. Finding and holding the best talent
D. Increasing dysfunctional employee turnover
Answer: C
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Smalltown has two family-owned hardware stores that have been in business for years. Major Hardware decides that Smalltown would be a good place to build one of its superstores. Major opens, advertising unbelievably low prices; in fact, at below cost
Because Major owns stores nationally, it is able to keep prices extremely low until both of the family-owned stores have to go out of business because they cannot compete. After Major is the only hardware store in town, it raises its prices enough to make up for its former losses and to make some additional profit. Discuss this behavior in relation to antitrust law.
A company's month-end adjusting entry for Insurance Expense is $1,000. If this entry is not made then expenses are understated by $1,000 and net income is overstated by $1,000.
Answer the following statement true (T) or false (F)
What is one method sales managers use to balance territorial workloads and earning potential?
A. Compare current sales with previous sales B. Use a combination compensation plan C. Pay salespeople with larger territories higher commissions D. Assign salespeople the same-sized territories E. Use differential commission rates
A ________ is a written promise to pay a specified amount on a definite future date within one year or the company's operating cycle, whichever is longer.
What will be an ideal response?