The "business-to-business" market (B2B market) is comprised of
A. wholesalers and retailers only.
B. nonprofit organizations only.
C. government units only.
D. manufacturers only.
E. all businesses, governments, and nonprofits.
Answer: E
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Suppose you manage an upscale restaurant in New York City. __________ would involve writing employee schedules and a list of things to do for the chef and other kitchen staff.
A. Strategic planning B. Operational planning C. Delegation management D. Human resource management E. Tactical planning
A ______ refers to the spatial arrangement of physical resources relative to each other.
a. facility location b. facility layout c. facility capacity d. facility design
Which of the following is true of the development stage of a new-product development process?
a. It sets several tasks in motion, such as building inventories and advertising to potential customers. b. It evaluates a new-product idea usually before any prototype has been created. c. It estimates the demand, cost, sales, and profitability of a product for the first time. d. It examines the feasibility of manufacturing a product at an acceptable cost.
Annie's Catering received $1200 cash from a customer for catering services to be provided next month. Given the choices below, determine the general journal entry that Annie's Catering will make to record the cash receipt. Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts.
A.
| Accounts Receivable | 1200? | |
| Catering Revenue | 1200? |
B.
| Cash | 1200? | |
| Catering Revenue | 1200? |
C.
| Cash | 1200? | |
| Unearned Catering Revenue | 1200? |
D.
| Unearned Catering Revenue | 1200? | |
| Catering Revenue | 1200? |
E.
| Cash | 1200? | |
| Accounts Receivable | 1200? |