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

1. Corporations can profitably market goods and services to those living in poverty.
2. Developing distribution systems and communication links within countries can facilitate economic activity and trade.
3. The social sector includes charities and non-profit organizations and is also referred to as the non-profit or voluntary sector.
4. The social sector, because of limited access to resources, has resorted to using business practices to enable them to fulfill their missions.


1. TRUE
2. TRUE
3. TRUE
4. TRUE

Business

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Temporary investments

a. are reported as current assets b. include cash equivalents c. do not include equity securities d. all are correct

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Activities such as competitor analysis and market research are valuable investments of time that do not generate revenue. Which of the following components of a compensation plan is best suitable for encouraging such activities?

A) salary B) commission C) bonus D) incentive payment

Business

Standard text markets can cost as much as $1 million; simulated test markets cost less than 10 percent as much

Indicate whether the statement is true or false

Business

XYZ, a potential supplier to NASA, would typically submit an RFP (request for a proposal) to NASA in order to obtain a contract with this government agency

Indicate whether the statement is true or false

Business