A term that describes a company that customizes its products and services based on data generated through interactions between the customer and the company would be described as being ______.

A. customer-centric
B. employee-centric
C. business-centric
D. organization-centric


Answer: A

Business

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A company has sales of $695,000 and cost of goods sold of $278,000. Its gross profit (loss) equals:

A. $973,000. B. $417,000. C. $695,000. D. $(417,000). E. $278,000.

Business

Means by which the securities markets serve to mitigate principal-agent or information asymmetry problems include all of the following EXCEPT:

a. Management realizes that its reputation with investors is valuable, and can be sustained only if accurate information is provided on a timely basis. b. Various market mechanisms exist to discipline a firm's management, and thus to mitigate conflicts of interest between management and shareholders. One of the most powerful is the threat of a hostile takeover of the firm, after which management is fired. c. Exchanges such as the NYSE regularly publish lists of firms that appear to be overvalued because their management is poor.

Business

For a consumer who does not have a checking account a prepaid debit card is a means of paying for goods and services

Indicate whether this statement is true or false.

Business

Given the following data, which company would be more likely to be concerned about liquidity?


A) Purple Co.
B) Red Co.
C) Magenta Co.
D) Beige Co.

Business