Define the following terms: entity, economic entity, and social entity.

What will be an ideal response?


Entity-recognized as having its own separate identity. Economic entity-business or organization whose major purpose is to produce a profit. Social entity-nonprofit organizations.

Business

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The collective community of all blogs and all their interconnections are known as

A) Planet Blog. B) the blob. C) the macroblog. D) the blogosphere. E) the social network.

Business

When completing a job application form, always leave any items blank that do not apply

Indicate whether the statement is true or false

Business

Seline runs a small company that sells medical software. She has devised a process by which her company is able to develop new versions of the software relatively quickly and with almost no bugs. However, Seline believes that the success of this process hinges on her company's unique makeup and the type of product it produces; she does not believe that most software companies could use her process to any great effect. Seline's views embody which of the following perspectives?

A. Scientific B. Universal C. Situational D. Interactional E. Pessimistic

Business

For a stock to be in equilibrium as the book defines it, its market price should exceed its intrinsic value.

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

Business