When using a cost-based approach, once the cost of a good or service has been determined, additional factors need not be considered in establishing a selling price
Indicate whether the statement is true or false
F
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Companies are increasingly reducing the number of suppliers they utilize, and there is a trend toward single sourcing
Indicate whether the statement is true or false
Generally, constitutional protections do NOT apply to:
a. acts of the federal government. b. acts of state government. c. acts of administrative agencies. d. acts of privately owned businesses.
The great economist Joel Schumpeter emphasized that innovation is the key to entrepreneurship. Which of the following is a basic way to create a new business?
A. expand upon old technology B. develop current markets C. use new technology to produce a new product D. find a less expensive source of resources
What is the difference between a private-label and subprime mortgage-backed security? Be sure to mention how they differ in terms of credit enhancement
What will be an ideal response?