Which of the following is a marketing mix element?
A) profit
B) promotion
C) potential
D) package
B
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A partnership liquidation occurs when
a. a new partner is admitted b. a partner dies c. the ownership interest of one partner is sold to a new partner d. the assets are sold, liabilities paid, and business operations terminated
An accountant who contractually promises to conduct an audit to detect possible embezzlement is under a contractual obligation to provide an expanded audit beyond generally accepted auditing standards
a. True b. False Indicate whether the statement is true or false
Alpha Inc. combines the marginal cost of capital (MCC) schedule with the investment opportunity schedule (IOS) on a single graph. Which of the following areas on the MCC/IOS graph shows the maximum excess of marginal returns over marginal costs?
A. The area that is below the marginal weighted average cost of capital (MCC) schedule B. The area that is above the IOS schedule C. The point of intersection of the MCC schedule and the IOS schedule D. The point of intersection of weighted average cost of capital (WACC) schedule and y-axis E. The area that is above the MCC schedule but below the IOS schedule when the IOS line is above the MCC line
The Toyota Production System requires that any process improvements are to be made at the lowest level of the organization
Indicate whether the statement is true or false