Which of the following determines a company's competitive advantage by comparing its performance with that of its closest competitors?

A) Asset turnover
B) Organization chart
C) Cost center
D) Benchmarking


D

Business

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Which approach to developing a marketing communications budget is often viewed as being the most effective?

A) objective and task B) percentage of sales C) what we can afford D) payout planning

Business

A combination compensation plan is the most effective method for motivating sales personnel to escalate their selling efforts.

Answer the following statement true (T) or false (F)

Business

A minimum cash balance of $250,000 is required to be maintained. The company can borrow in increments of $10,000 as and when required. Assume the company can borrow the needed funds at the end of the period. Calculate the ending cash balance for the budget period.

Jaborosa, Inc., a merchandising company, has provided the following budgeted amounts for the next
budget period.

A) $713,400
B) $254,700
C) $204,700
D) $733,000

Business

You should include major divisions and ________________ in the table of contents

a. brief descriptions of each division b. locations of key terms c. definitions of key terms d. the next level of subdivisions

Business