The traditional command and control type of leadership structure does not encourage:
A) Risk and innovation
B) Diplomacy and understanding
C) Democracy and charter
D) Industry and invention
A) Risk and innovation
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Of the following, which is a potential disadvantage of using a simulated test market?
A) It is not as accurate as full scale test markets. B) The distribution network may or may not properly represent the firm's actual distribution system. C) It is often very time consuming and expensive. D) They allow competitors to acquire knowledge of the test. E) all of the above
________ is a form of credit that does not require any security to protect the payment of the debt.
A. Mortgage B. Secured credit C. Unsecured credit D. Equity
A seller's right to cure an improper tender of goods protects sellers from:
a. buyers defaulting on loans b. buyers demanding larger shipments c. buyers failing to pay in a timely manner d. buyers suing for breach of contract e. none of the other choices are correct
Gonzalez Mercantile has an inventory turnover of 8.3, days' sales in receivables of 57, and an average payables turnover of 7.2. What is the cash cycle given a 365-day year?
A) 50.28 days B) 58.04 days C) 55.00 days D) 49.29 days E) 61.37 days