________ consists of items such as number of sales personnel in the field and average sales per representative, competitors and alternative products, and production capabilities and schedules as well as other factors known mainly to the company

A) External data
B) Product data
C) Employee data
D) Internal data


Answer: D
Explanation: D) The amount of sales a company predicts is a function of external data, internal data, or a combination of both. External data consists of information outside the firm, often available to the public. Internal data consists of information proprietary to the firm.

Business

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An obligation that involves an existing condition for which the outcome is not known with certainty and depends on some event that will occur in the future is call a(n)_____________

Fill in the blank(s) with correct word

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Adjusting entries always affect the cash account.

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

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Which statement regarding gift giving is incorrect?

a. In Korea, business gifts are usually given at the beginning of formal negotiations. b. Avoid giving gifts to the French until a personal relationship has been developed. c. A striped tie is an appropriate gift for a British man. d. If you admire a personal possession of an Islamic host, you will probably receive the item admired.

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The weighted average cost of capital up to the point when retained earnings are exhausted is ________. (See Table 9.1 )

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Business