Profitability is the ability to pay bills when due and to meet unexpected needs for cash
Indicate whether the statement is true or false
False
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When Mercedes successfully introduced its C-Class cars at $30,000 without injuring its ability to sell other Mercedes cars for $100,000, it was an example of a successful ________
A) two-way stretch B) line pruning C) down-market stretch D) up-market stretch E) choice reduction
Are leaders born or made?
What will be an ideal response?
Alex knows that he should have a gift for his Chinese business partner who will have a gift for him. Alex and his business partner are demonstrating which foundational moral value?
A. harm/care B. fairness/reciprocity C. authority/respect D. purity/sanctity
The formula to calculate the rate of return on investment can be expressed in its simplest form as ________
a. Sales × Invested assets b. Income from operations × Sales c. Profit margin × Investment turnover d. Income from operations × invested assets