Buyers generally do not plan for markdowns.
Answer the following statement true (T) or false (F)
False
Markdowns are part of the cost of doing business, and thus buyers plan for them.
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The estate tax is assessed based on the fair market values of transfers made during a taxpayer's life.
Answer the following statement true (T) or false (F)
Financial resources such as cash and cash equivalents are intangible resources.
Answer the following statement true (T) or false (F)
A general power of attorney limits the agent to those acts enumerated by the agreement
Indicate whether the statement is true or false
"With respect to the product decision, managers must be able to accept risk and tolerate failure"
Comment on why this is a necessary hazard in making new product decisions, given all the powerful tools and carefully built systems that support that decision.