Define relational databases.
What will be an ideal response?
Relational databases are multiple databases that store data in separate files that can be linked by common elements, such as name, Social Security number, hiring status (full- or part-time), training courses completed, job location, mailing address, or birthdate, among others. A relational database lets a user sort the data by any of the fields.
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Development of a transfer price involves
A) the use of the highest external market price so that the transferring division is very profitable. B) determination of an appropriate profit markup. C) computation of the selling and delivery costs of the item being transferred. D) the use of a team of lawyers representing the outside interests of the company.
Which of the following is a salesperson who works to develop long-term relationships with particular customers and may hold the title of "account manager"?
A) an order taker B) an order getter C) a missionary salesperson D) a new-business salesperson E) a technical specialist
A firm may factor its accounts receivable to a bank or other financial institution in exchange for cash. Which of the following is/are not true?
a. The lender physically controls the receivables and collects cash from customers. b. Accounts receivable that the firm has factored do not appear on the balance sheet. c. The firm has sold the accounts receivable. d. The firm should disclose the factoring arrangement in its financial reports. e. None of the above.
Describe the advantages and disadvantages of group incentives.
What will be an ideal response?