A business entity is an individual, association, or organization with control over economic resources and which engages in economic activities.

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


True

Business

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The investing activities section of the statement of cash flows includes the purchasing and selling of long-term assets, investing in the debt and equity securities of other businesses, making loans, and collecting the principal on loans

a. True b. False Indicate whether the statement is true or false

Business

Candace sells the muffins in her bakery at a higher price than the big-box grocery, but she has a steady stream of customers willing to pay what she asks. Candace also supports local charities. What would likely happen if she lowered her prices and stopped her charitable contributions?

A. Income taxes would decrease. B. Customers would go elsewhere. C. Business would increase. D. None of these are correct.

Business

When using a semantic differential, the respondent is typically asked to rate a brand, store, or some other object in terms of bipolar adjectives, such as cold and warm

Indicate whether the statement is true or false

Business

The product approach works best with:

A. products that are new and unique. B. straight rebuy situations. C. high-tech business products. D. brand name items. E. generic products.

Business