Informal investors find projects to invest in through
a. networks of friends.
b. business classifieds.
c. Forbes.
d. university think tanks.
ANSWER: a
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If you observe that the current yield curve is upward sloping, it is likely that
A. an economic expansion has just begun. B. an economic expansion has been going on for several years. C. a recession is about to begin. D. a recession is nearly over.
During the current year, Kemp Construction Company built 23 custom homes that ranged in size from 2,500 square feet to 8,000 square feet. One home was completed each month during January, February, and March. Three homes were completed during April and May. Two homes were completed during each of the months from June through December. Based upon this information, the most appropriate allocation base (i.e., cost driver) for the assignment of indirect overhead costs to each house would be the:
A. Number of months in the year. B. Number of homes built during the year. C. Number of homes built during the month. D. Size of the home.
What most likely leads a prospect to purchase one product instead of another?
A) product buying motives B) patronage affiliations C) buyer resolutions D) group emotional needs E) physiological concerns
From a conscious marketing perspective, social responsibility is at the core of the business because it advocates a higher purpose that goes beyond making a profit; it also views the community and the environment as key stakeholders.
Answer the following statement true (T) or false (F)