Turnover rate refers to the percentage of the workforce that is hired every year
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Turnover rate is the percentage of the workforce that leaves every year.
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The fastest-growing sector of world trade includes:
A) travel and entertainment. B) accounting and legal services. C) royalties and license fees. D) engineering services. E) all of the above
A brand must demonstrate ________, for it to function as a true point-of-difference
A) clear superiority of an attribute or benefit B) clear profitability to the company C) clear similarity to the attributes of other brands D) technological advances for an attribute or benefit E) exploitation of competitors' weakness
When a company uses the perpetual inventory method, which of the following would be the entry to adjust inventory to lower-of-cost-or-market?
A) debit Loss on Inventory and credit Merchandise Inventory B) debit Merchandise Inventory and credit Inventory Adjustment C) debit Cost of Goods Sold and credit Merchandise Inventory D) debit Merchandise Inventory and credit Cost of Goods Sold
What is the salesperson doing when he translates the ideas and concepts contained in his mind into words?
A. Translating B. Receiving C. Processing D. Decoding E. Encoding