Neman, a single parent, quit his job and started a small independent business because he was unable to give adequate attention to his child. Being an entrepreneur gives him the freedom to give undivided attention to his child without jeopardizing his work. Which of the following advantages of entrepreneurship is highlighted in the given scenario?
A. Greater financial success
B. Flexibility
C. Greater challenge
D. Survival
Answer: B
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Which of the following represents the correct flow through the marketing chain?
a. Manufacturer ? Customer ? Retailer ? Wholesaler; b. Manufacturer ? Retailer ? Customer ? Wholesaler; c. Manufacturer ? Retailer ? Wholesaler ? Customer; d. Manufacturer ? Wholesaler ? Customer ? Retailer; e. Manufacturer ? Wholesaler ? Retailer ? Customer
When a company chooses what principle to follow on issues of ethics and social responsibility, there are two common philosophies to use as guides: let the free market and legal system decide or let individual managers and companies choose
Indicate whether the statement is true or false
Houlihan, Inc purchased a van on January 1, 2016, for $800,000
Estimated life of the van was five years, and its estimated residual value was $90,000. Houlihan uses the straight-line method of depreciation. Give the journal entry to record the depreciation expense for 2016 on the van. What will be an ideal response
Warren is a purchasing agent for Kellogg's. He is currently negotiating with his suppliers to receive a _______, which is a temporary price reduction to resellers for purchasing specified quantities of a product.
A. push money allowance B. merchandise allowance C. buying allowance D. buy-back allowance E. discount