An asset is considered to be obsolete when a newer asset can perform the job more efficiently

Indicate whether the statement is true or false


TRUE

Business

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________ is used to get an initial notion of the commercial prospects of a concept

A) Idea screening B) Brainstorming C) Concept testing D) Test marketing

Business

Asset turnover measures how efficiently assets are used to produce revenues

Indicate whether the statement is true or false

Business

Which of the following should be a core functionality of employee green committees or green teams?

a. designing the company’s green goals and changes to production processes b. reaching out to government regulators about company goals c. helping solve interdepartmental issues related to environmental programs d. coordinating with international bodies like the Paris Accord implementation leadership

Business

Assume the following sales data for a company: 2010 $1,017,000 2009 565,000 What is the percentage increase in sales from 2009 to 2010?

A) 100% B) 80% C) 180% D) 44.4%

Business