Selling a product to a prospect is usually easier than selling to a satisfied customer.

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


False

It is always easier to sell a satisfied customer than an unsatisfied one or a prospect. The cost of acquiring a new customer is higher than keeping a present customer.

Business

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The cash basis of accounting is a system in which revenues are recorded when earned and expenses are recorded when incurred.

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

Business

Refer to the selected data provided for Max's Tire Center. What is Max's fixed assets turnover in 2012?

A) The fixed assets turnover is 2.75 in 2012. B) The fixed assets turnover is 2.68 in 2012. C) The fixed assets turnover is 2.36 in 2012. D) The fixed assets turnover is 2.57 in 2012.

Business

Entry barriers, profit remittance barriers, and policy stability are all part of the

A. second screening. B. first screening. C. fourth screening. D. third screening.

Business

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

1. The Lily Led better Fair Pay Act, signed by President Barack Obama was aimed at closing a loophole in prior US Legislation. 2. Sexual orientation is commonly a protection found in international legislation 3. Sweden has more legislation against sexual orientation discrimination than any other country. 4. Many countries around the world do not have adequate discrimination legislation. 5. Sociologist Emile Durkheim, predicted almost a century ago that a society that loses its organic solidarity—an internal compass for what is right and wrong—must turn to the courts for relief.

Business