Jovi's Corner, a toy store, abruptly closes down after the death of its owner. Without an heir or an experienced person to manage the store, Jovi's Corner is shut down, and the property is sold off to another party. The profits are donated to an orphanage. In the given scenario, Jovi's Corner is most likely an example of a _____.

A. limited liability company
B. corporation
C. limited partnership
D. sole proprietorship


Answer: D

Business

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You decided to investigate the following dimensional questions in your evaluation. Please identify the most appropriate category of the program logic model (resources, activities, outputs, outcomes, and impact) for each dimension:

a. If a sufficient amount of budget was allocated for the program: ______ b. How well employees learned from the program: ______ c. How well employees performed the newly learned tasks on the job: ______

Business

Why is sensemaking the crucial skill for managing organizations?

What will be an ideal response?

Business

If the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso-dollar exchange rate almost constant, which of the following would be true?

A. Mexican products would be more expensive, while U.S.-made products would become comparatively less expensive. B. The high inflation rate in Mexico would mean that its products would cost less overall. C. Mexican products would be less expensive, while U.S.-made products would become comparatively more expensive. D. The high inflation rate in Mexico would increase its citizens' purchasing power. E. U.S.-made products would become less attractive to purchase.

Business

The first objective in the evaluate performance phase of the marketing planning process is to

A. adjust advertising allocations. B. find ways to cut costs. C. review implementation programs and results using metrics. D. determine whether to raise or lower prices. E. consider changing the target market.

Business