In gross margin pricing, the markup percentage is based on total production costs

Indicate whether the statement is true or false


True

Business

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Organization X adopts an expensive information management system (IMS). Organization Y hears about it and quickly calls in a consultant and purchases a bigger and better IMS. Not because they really need it, but because they believe that, if they don’t, they will be at a disadvantage because their customers won’t think they are as up-to-date as the competition. Such behaviour is an example of which form of isomorphism?

a. Coercive b. Normative c. Mimetic d. Idiotic

Business

Title companies often hold purchase money in __________, meaning in a special account, until the conditions for the sale have all been met

a. open account b. dedication c. escrow d. closed account

Business

Explain in brief the composition of a bankruptcy estate.

What will be an ideal response?

Business

To use proper e-mail netiquette

a. assign a high priority to every message you send b. do not send confidential or sensitive information by e-mail c. use all capital letters in the message body for emphasis d. none of the above

Business