All of the following transactions are prohibited by a by a partner without the consent of other partners except: ______
A) a contract that makes it impossible for the firm to conduct its usual business.
B) submitting controversies of the firm to arbitration.
C) making a general assignment of firm property for the benefit of creditors
D) lease agreement for office equipment
D
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The practice of tailoring products and marketing programs to suit the tastes of specific individuals and locations is referred to as ________
A) niche marketing B) micromarketing C) segmented marketing D) global marketing E) undifferentiated marketing
To stay in business, a company must have a selling price that is
a. acceptable to the customer. b. able to recover the variable costs of production. c. the highest in the marketplace. d. equal to or lower than the company's costs per unit.
If an individual enjoys reading the newspaper and spends time doing it, the type of reward is?
a. Self-administered and extrinsic b. Extrinsic and natural c. Natural d. Extrinsic
Which of the following is the first step in a formal planning process?
A. monitor and control B. situational analysis C. alternative goals and plans D. goal and plan evaluation E. implementation