Firms are becoming increasingly global by doing all of the following except?
a. Building foreign facilities
b. Supporting increased tariffs on trade
c. Creating global distribution networks
d. Partnering with foreign companies
b. Supporting increased tariffs on trade
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[APPENDIX] When the owner of a sole proprietorship withdraws assets from the business for personal use
a. it is treated like a noncash dividend. b. it is illegal because the assets belong to the separate entity, the proprietorship. c. it would be recorded as a loss by the proprietorship. d. it is recorded as a reduction of owner's equity.
Project management software is required for an ERP implementation
Indicate whether the statement is true or false
Teresa Davis is the owner of a convenience shop. The firm had a net income of $4,500 for the year. What accounts are debited and credited to transfer the net income to the owner's capital account during the closing process?
What will be an ideal response?
Effective project managers have strong leadership ability, ability to develop people, excellent communication skills, good interpersonal skills, ability to handle stress, problem-solving skills, negotiating skills, and time management skills
a. True b. False Indicate whether the statement is true or false