A quick feasibility study should be conducted before preparing the business plan to uncover possible barriers to success.
Answer the following statement true (T) or false (F)
True
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Posting is the procedure of transferring information from the
A) journal to the ledger B) trial balance to the worksheet C) ledger to the journal D) worksheet to the financial statements
According to Skinner, in order to change an employee’s behavior you must:
a. meet the lower three levels of an employee’s needs b. change your set of assumptions about your workers c. utilize participative management d. change the consequences of the behavior e. pay the person more money
For a certain group of items, the cost of carrying inventory and the cost of placing orders is not
exactly known but is about the same for all the items. The company has calculated K = 20 for these items. If one item has an annual demand ( A) = $10,000 the NEW order quantity should be: A) $10,000. B) $2,000. C) $50,000. D) $20,000. E) none of the above
To implement the marketing concept, a firm must first
A. mobilize its marketing resources. B. promote the product. C. obtain information about its customers' needs. D. develop the product. E. determine if customers want the firm to practice the marketing concept.