The entry to close Cost of Goods Sold includes a debit to Income Summary

Indicate whether the statement is true or false


TRUE

Business

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Walt Disney Company has successfully adapted licensing as a market entry mode in different countries. What are the advantages of using licensing as entry mode?

What will be an ideal response?

Business

_________ encompasses any internal condition or state that interferes with the communicator’s ability to focus on the message.

a. Intrinsic noise b. Extrinsic noise c. External noise d. Internal noise

Business

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

1. Juggling a lot of information changes how we act and think—and not in a good way. 2. Both informative and persuasive presentations need to provide credible and timely information in order to be effective. 3. In order to relate your topic to the audience, you should talk only about information with which your audience is already familiar. 4. Because it’s important that your presentation not turn into a glossary, a speech on a highly technical topic should not spend any more time on defining key terms than should a speech on any other topic. 5. It is necessary to define key terms in your presentation because you cannot assume that your audience can use the contextual clues to figure out anything they are uncertain of.

Business

An individual moves through stages before adopting a product. During the awareness stage, consumers ________.

A. purchase the product for the purpose of making a value decision B. purchase the product with the intent of becoming a dependable user C. receive additional information and be motivated to seek out added information for further evaluation D. find they have a passion for the product E. know of the product, but have insufficient information to move forward through the adoption process

Business