An organization's _______ expresses the need the firm will fill, the operations of the business, its components and functions, and the expected revenues and expenses.

A. mentoring plan
B. code of ethics
C. risk statement
D. business model
E. code of business


D. business model

The business model outlines the need the firm will fill, the operations of the business, its components and functions, as well as the expected revenues and expenses.

Business

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Which of the following is considered to be both a communication tool and a business planning tool?

A. a memorandum of understanding B. a histogram C. a value stream map D. demand forecasting

Business

A shipment of parts valued at $75,000 needs to be shipped from Tampa, FL, to Chicago, IL. They could be shipped by rail, taking 15 days at a cost of $1,575, or by truck, taking 4 days at a cost of $2,640

The annual holding cost rate for this type of item has been estimated at 22%. What option is more economical?

Business

Horizontal Analysis is obtained by determining the percentage change in an account from a base

period to a successive time period. Indicate whether the statement is true or false

Business

A financing statement must provide all of the following except: _______

A) the name of the debtor. B) the name of the secured party or their representative. C) the covered collateral. D) the value of the collateral.

Business