In a market-directed economy, profit is guaranteed.
Answer the following statement true (T) or false (F)
False
New consumer needs that can be served profitably-not just the needs of the majority-will probably be met by some profit-minded businesses. But profit, survival, and growth are not guaranteed.
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When an offeree uses a nonauthorized means of acceptance, the acceptance is:
A. effective upon dispatch. B. not effective until it is received by the offeror. C. illegal. D. not effective upon receipt by the offeror.
Isabel, Wesley, Gina, and Lucas worked together intensively to form and become the only shareholders of a corporation that is environmentally conscious. Is there anything they can do to avoid having shares of stock in their company sold to someone who does not share their vision for the environment?
Which of the following is a source of long-term funds for a firm?
A. Revolving credit agreements B. Factoring C. Spontaneous financing D. Retained earnings
Canon Inc. is releasing a new version of its EOS Rebel camera. As part of the launch, it has submitted a 2,500-word story to Popular Photography, a magazine for camera users. This is a public relations tool known as
A. publicity. B. a news release. C. a captioned photo. D. a feature article. E. a press conference.