The manager of Center A of Harry International is responsible for generating cash inflows and incurring costs with the goal of generating returns for the company. The manager has no responsibility for assets. What type of responsibility center is Center A?
A) Cost center
B) Discretionary cost center
C) Profit center
D) Revenue center
C
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Describe the process of conducting SEM and explain the various steps involved
What will be an ideal response?
Which of the following situations would not qualify for the fair use exception to U.S. copyright law?
A. A professor clips a newspaper article just before class and distributes copies of it to his class. B. A journalist quotes a paragraph from a book in a review of the book. C. A student copies a photograph of his favorite band from a website created by the band's record label and places it on the student's personal website. D. Google posts thumbnail images of books in the Google Book Search Project.
In the context of consumer product categories, shopping products have less selective distribution than convenience products.
Answer the following statement true (T) or false (F)
Match the term with its definition.
A. A very large payment required about halfway through the term over which payments were calculated, repaying the loan balance in full B. Private individuals who invest in others' entrepreneurial ventures C. A loan for which items of inventory or other movable property serve as collateral D. The process of raising small amounts of money from a large number of investors via the Internet E. F. The issuance of stock to be traded in public financial markets G. The sale of a firm's capital stock to select individuals H. A long-term loan with real property held as collateral