What are the three key functions of a firm and what is each responsible for?
What will be an ideal response?
The three main functions of a firm are operations, finance, and marketing. The operations function transforms material and service inputs into product and service outputs. The finance function generates resources, capital and funds from investors and sales of the firm's goods and services in the marketplace. The marketing function is responsible for producing sales revenue of the outputs.
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People who go to a foreign country legally to perform certain types of jobs are ____________________.
Fill in the blank(s) with the appropriate word(s).
The use of common-size analysis makes comparisons more meaningful because percentages eliminate the effects of size
Indicate whether the statement is true or false
Which of the following is the essential consideration under the UETA for determining the validity of an electronic signature?
a. Whether the person intended the process or mark provided to act as a signature and whether it can be attributed to that person. b. Whether an actual signature, as opposed to some sort of unacceptable click-type agreement is involved. c. Whether an actual written type signature appears as opposed to an unacceptable typed name. d. Whether an actual written or typed signature appears as opposed to some sort of facsimile.
The equal dignity rule requires the parties to a transaction to treat each other with equal dignity.
Answer the following statement true (T) or false (F)