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

In smaller ventures, the ethical influence of the owner is more powerful than in larger corporations because his or her leadership is not diffused through layers of management.


ANSWER: True

Business

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A strong culture in which norms and values are very different from the rest of society is referred to as a ______.

A. social womb B. Deviant subculture C. social cocoon D. none of these

Business

When serving customers, you should not use the phrase

a. "I'll be happy to check and find out." b. "I don't know." c. "I understand that you are upset. Let's find a satisfactory solution to your problem." d. "Let me show you where the product is located."

Business

An ad for a van shows how easily a small boy and his grandfather can get in and out of the vehicle. It also emphasizes the positioning of handles at appropriate places that make transit easier for older people. Which ad execution technique is being used in this ad?

A. straight sell B. comparison C. scientific evidence D. testimonial E. demonstration

Business

A firm has a single issue of a zero coupon debt that promises to pay $90 in 4 years, and the A0 = $100, r = 4%, ? = 25%, and ? = 0. If the asset has a 2% chance of total default, what is the value of the debt?

A) $67.10 B) $75.19 C) $85.62 D) $90.00

Business