Evaluation of a salesperson’s “tenacity” and “enthusiasm” is known as a ________ appraisal.
A. behavior
B. trait
C. results
D. process
E. punishing
B. trait
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____________________ assets and liabilities represent amounts of cash a firm can expect to receive or pay in the future
Fill in the blank(s) with correct word
Owen and Pablo enter into a contract for a sale of fifty Western saddles. Owen does not deliver. Pablo can normally recover as damages the difference between
A. any loss avoided and any profit gained. B. the actual price and the hoped-for price. C. the contract price and the market price. D. the current prices in the parties' locations.
Match each term with the correct statement below.
a. microeconomics b. profit c. business d. capitalism e. macroeconomics f. purchasing power parity g. planned economy h. capital resources 1. The exchange of goods, services, or money for mutual benefit or profit 2. The difference between revenue and all costs 3. Economics from the viewpoint of individuals and firms 4. The study of economics focusing on the aggregate relationships in society 5. Goods produced to make other types of goods and services 6. The government produces almost all the goods and services 7. An economic system based on private ownership of property 8. The comparison of a market basket of goods in one country to the same basket in another country
In regard to the cultural risks related to ownership structure, which of the statements below is FALSE?
A) Cultural norms work their way into laws and regulations so that the interests of the host country will take precedence over the interest of the foreign country, the original home of the business. B) In order to start a business operation in a foreign country, it may be necessary to utilize a joint venture business form. C) Today, there are practically no industries protected against foreign ownership in host countries. D) The ownership structure of a business can be restricted once the business ventures overseas and faces the additional constraint of meeting ownership requirements of more than one government.