Which of the following forms of business offers limited personal liability to owners as well as the choice to be taxed as either a corporation or as a partnership?

A. Limited liability partnership
B. Limited liability company
C. Corporation
D. Proprietorship
E. Partnership


Answer: B

Business

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A. a modified rebuy B. new-task buying C. a straight rebuy D. selective buying E. selective task buying

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Which of the following is an element of the marketing mix?

A) place B) education C) needs D) wants E) esteem

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A ________ is responsible for the firm's accounting activities, such as corporate accounting, tax management, financial accounting, and cost accounting

A) treasurer B) controller C) foreign exchange manager D) pension fund manager

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Prospecting involves following all the "leads" in the target market.

Answer the following statement true (T) or false (F)

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