Which itemis NOT a reason to write a business plan?
a. To attract potential investors
b. To discover fatal flaws in the concept
c. To bring a new idea to market quickly
d. To clarify the business concept in one's own mind
e. All items (a-d) are reasons to write a business plan.
c
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Tables presented in printed documents must contain fewer columns and rows than tables presented online
Indicate whether the statement is true or false.
Which of following functions should be segregated?
a. opening the mail and making the journal entry to record cash receipts b. authorizing credit and determining reorder quantities c. maintaining the subsidiary ledgers and handling customer queries d. providing information on inventory levels and reconciling the bank statement
For which of the following can a standard cost accounting system be used?
A) Direct materials B) Overhead C) Direct labor D) All of these
A company has developed over-the-counter eye drops to alleviate cataract problems in senior dogs and cats. It is the first product of its type to enter the marketplace
What promotional mix would the company most likely use with this new product? Why?