All employees have an equal chance for a successful business venture abroad

Indicate whether the statement is true or false.


F

Business

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Virgin Mobile has a history of using cutting edge advertisements. It poked fun at religion in its 2004 holiday commercial Christmas-hanukwanzakah”, and it had the company’s founder, Sir Richard Branson, stand in a nude suit in New York’s Times

Square as part of a “Nothing to Hide” campaign. Are marketing tactics that are tasteless and risqué also unethical?

Business

A six-year operating lease requires annual rent payments of $15,000 for years 1, 2, and 3, and annual rent payments of $10,000 for years 4, 5, and 6. The agreement also requires the lessor to pay a $2,800 annual insurance premium for the leased property. Which of the following amounts should be recognized as the rental revenue in year 1 by the lessor?

A) $10,000 B) $13,500 C) $15,000 D) $16,800

Business

Private letter rulings and technical advice memoranda are primary authority for those taxpayers to whom they were issued.

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

Business

Stage Technologies is a London-based company that supplies engineering solutions for the entertainment industry. It has helped the boy-band Westlife make a flying entrance onto stage and provided stage-rigging packages for Princess Cruise's vessels. The company was established in 1994 after a couple of production designers decided that the automation of theater productions could be done more safely and more efficiently by using modular production rather than the old "build-as-needed" formula. The company installs winches, stage lifts, and other equipment commonly used in stage productions. The equipment is designed so it can be operated from a single console without awkward or heavy lifting. Both opera companies and theaters see the benefit of such a system, but many are reluctant to buy

because of perceived costs. John Hastie and Mark Ager, the company's best salespeople, must design sales presentations that address these concerns.Hastie walks into a prospect's office and asks, "How would you like to increase rehearsal time and ensure long-term cost savings?" From this opening line, you can assume that Hastie is most likely using a ________ presentation. A. need-satisfaction B. persuasive selling C. logical reasoning D. price/value E. formula

Business