What is telecommuting?
What will be an ideal response?
People who work away from the traditional work locale
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A value-added incentive should be designed to inspire a short-term purchase rather than trying to influence long-term buying habits
Indicate whether the statement is true or false
Which of the following is the most accurate description of a direct competitor for a firm?
A) a firm that sells complementary goods or services B) a firm that offers identical goods or services to another market C) a firm that sells similar, but not identical, goods or services D) a firm that offers identical goods or services to the same market
On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note require Stratton to pay 10 equal payments of $14,238 each December 31 for 10 years. The required general journal entry to record the first payment on the note on December 31, Year 1 is:
A. Debit Notes Payable $14,238; credit Cash $14,238. B. Debit Notes Payable $10,000; debit Interest Expense $4,238; credit Cash $14,238. C. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238. D. Debit Notes Payable $7,000; debit Interest Expense $7,238; credit Cash $14,238. E. Debit Notes Payable $10,000; debit Interest Expense $7,000; credit Cash $17,000.
Research proves that expatriates were most effective in subsidiaries located in developing countries or those that relied on a local customer base.
Answer the following statement true (T) or false (F)