Benchmarking is the practice of copying what other businesses do best

a. True
b. False
Indicate whether the statement is true or false


True

Business

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What is the most commonly used title for departments charged with carrying out the public relations function?

A. Public affairs D. Public relations B. Public information E. Community relations C. Corporate communications

Business

A pipe in Gert's house springs a leak. Gert contracts with Holly's Plumbing & Construction Company to repair the pipe and fix the damage to Gert's house. Gert pays 10 percent of the price in advance. Holly's does the work, but Gert refuses to pay the rest of the price. What can Holly's do, and how is it done?

What will be an ideal response?

Business

Cash management can be enhanced using a process where payments and receipts between affiliates are recorded but the actual transfer of funds involves net amounts only for amounts owed between affiliates. The system is known as

A) centralized cash management. B) multilateral netting. C) lagging accounts payables. D) leading accounts receivables.

Business

Corporate philanthropy includes all business donations to nonprofit groups except employee time.

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

Business