The ability to purchase production inputs on credit allows a firm to partially offset the length of time resources are tied up in the operating cycle

Indicate whether the statement is true or false


TRUE

Business

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Yang, the HR manager at a start-up company, helped the founder plan a benefits package that includes paid vacations, holidays, and sick leave. Now an employee approaches Yang to say she has been called up for jury duty and needs to be away next week. What should Yang do?

A. He should direct the employee to use the Family and Medical Leave Act. B. He should establish, and then apply, policies for other situations requiring time off. C. He should forbid the employee from taking time off for jury duty. D. He should ask the employee to use her vacation time for jury duty. E. He should ask the employee to use her sick leave for jury duty.

Business

Students graduating from a sales program learn faster in their sales position than students without a sales education.

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

Business

Explain price elasticity. What determines the elasticity of demand?

What will be an ideal response?

Business

Mass service is characterized by ______.

A. high variety B. high volume C. low cost D. extensive customization

Business