Wiki editors are among the highest paid professionals in emerging media

Indicate whether the statement is true or false


FALSE

Business

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After establishing marketing objectives, the next step in the marketing planning process is ________

A) conducting a marketing audit B) developing marketing strategies C) creating the marketing mix D) formulating the marketing plan E) allocating resources to achieve the objectives

Business

According to the text, all of the following are potential reasons why asking for an appointment by email is a good idea, EXCEPT:

A. Emails offer flexibility to both the salesperson and a prospect. B. Emails are suitable for a prospect who does not like to take decisions in haste. C. Emails require immediate responses D. Through emails you show respect to your prospects' time E. A professionally written email message that clearly and succinctly outlines the background and presents the reasons for the meeting surely captures a prospect's attention

Business

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

11. In the building approach, information about how to proceed is readily available. 12. Entrepreneurs who have alertness rationally and systematically search their environment or their particular information sets for opportunities. 13. Research shows that entrepreneurs with preexisting knowledge of an industry or market are more likely to recognize opportunities than entrepreneurs who have less experience. 14. Typically, entrepreneurs go through three processes before they are able to identify an opportunity for a new business venture: idea generation, creativity, and opportunity recognition. 15. The purpose of the creativity stage is to transform ideas into opportunities.

Business

A law firm collected $3700 for work to be performed in the following month. Which of the following general journal entries will the firm make to record this transaction?

A. Debit Legal Fees Revenue, $3700; credit Accounts Receivable, $3700. B. Debit Cash, $3700; credit Unearned Legal Fees Revenue, $3700. C. Debit Cash, $3700; credit Accounts Receivable, $3700. D. Debit Accounts Receivable, $3700; credit Unearned Legal Fees Revenue, $3700. E. Debit Accounts Receivable, $3700; credit Legal Fees Revenue, $3700.

Business