When a firm believes that the sale of a product depends on the decision of the customer rather than on aggressive sales techniques, then the firm is said to be ______ oriented.

A. production
B. sales
C. market
D. societal


Answer: C

Business

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The excitement of a classroom discussion varies with the preparation by both the instructor and student. If the students or the instructor are unprepared, the quality of the service is diminished

Which of the basic characteristics of services best describes this event? A) intangibility B) nonstandardization C) inseparability D) no physical attributes

Business

The process cost summary presents calculations of the cost of units completed during the reporting period, but does not present any information about the ending Work in Process inventory.

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

Business

Roger was self-employed and failed to pay his taxes and owed Revenue Canada $85,000 in taxes. He declared bankruptcy in 2004 and never had to repay the tax debt

In 2015 Roger again declared bankruptcy and this time he owed Revenue Canada $120,000 in unpaid taxes. As a result Roger A) must again be discharged from his tax debt B) can never be discharged from this tax debt C) may have the court refuse to discharge this tax debt until he pays some of it D) will face jail time for this tax debt E) both B and D

Business

________ are companies that excel at solving problems, seeking and finding new approaches, and sharing new knowledge.

A. Bureaucratic firms B. Closed-book organizations C. Analyzer firms D. Learning organizations E. Defender firms

Business