Why is it important to monitor your debt level?
A) So it does not become so high that you cannot cover the monthly payments
B) So that you maintain a liquidity ratio of at least 2.5
C) In order to qualify for another credit card to capture the introductory points
D) So that your total debt does not exceed your annual income
Answer: A
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Which of the following is incorrect regarding partnerships?
A) Legally, there is no economic separation between a partnership and its owners. B) A partnership is a voluntary association of individuals. C) If the partnership agreement does not describe the method of income distribution, the partners must share income equally. D) When individuals invest property in a partnership, they co-own the property with the partnership.
An approach to the study of retailing that stresses activities such as buying, pricing, and personnel practices is a _____ approach
a. strategic b. functional c. institutional d. retail audit
A superior indicator of how sound W.L. Gore's strategy is and whether or not the strategy signals strong execution is
A. undertaking new initiatives to promote corporate social responsibility. B. falling short of its stated financial objectives, that is, its financial performance is well below the industry average, and its market share gains reflect short-term preferences for capacity maximization. C. foregoing initiatives designed to build market share and to promote corporate responsibility. D. remaining inattentive to possible improvements in its functional areas, creating stretch business goals, and providing a product-focused value proposition to customers. E. achieving its stated financial and strategic objectives via improvements in its internal processes such as defect rate, order fulfillment, delivery times, days of inventory, and employee productivity.
Which of these is NOT a treaty that protects intellectual property rights internationally?
A. the Paris Convention B. the Madrid Agreement and Protocol C. the Warsaw Pact D. the Nice Agreement