What types of information should a partnership agreement contain?
What will be an ideal response?
A partnership agreement should generally include information about who will make the final decisions of the partnership, what each partner's duties will be, and the investment amount of each partner. It will also include how much profit or loss each partner receives or is responsible for and what happens if the partnership dissolves and one partner wants to exit the partnership or dies.
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Briefly define internal and external validity
What will be an ideal response?
Marketers must balance the ________ of mass marketing with the ________ of offering each individual customer exactly what he wants
A) efficiency; effectiveness B) effectiveness; efficiency C) investment; cost D) cost; investment E) positioning; scale
Which type of skill involves the ability to conceptualize situations?
a. technical b. time management c. decision-making d. interpersonal
Which of the following is the best example of a people-based service?
A) an automatic carwash B) a museum C) a babysitting service D) an x-ray lab E) a movie theater