Which of the following is an example of a nonprofit organization?

A. Costicon, a regional retail store that sells goods at discounted prices
B. Hollorg, a community museum that is funded by a trust and is free for public use
C. Tempim, a local newspaper house that sells newspaper at prices lower than its competitors
D. Modashows, a fashion publication house that issues free subscriptions of its weekly magazines to consumers who are yearly subscribers


Answer: B

Business

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In structured systems analysis, the analysis preferably should start with analysis and documentation of:

a. the current physical system b. the current logical system c. the future logical system d. the future physical system

Business

Which of the following options presents the right sequence of activities in developing a strategic plan for services?

A. First, identify the target market for the firm’s services; second, determine the firm’s core competency; third, define its mission and its high-level corporate goals and objectives. B. First, determine the firm’s core competency; second, identify the target market for the firm’s services; third, define its mission and its high-level corporate goals and objectives. C. First, define its mission and its high-level corporate goals and objectives; second, determine the firm’s core competency; third, identify the target market for the firm’s services. D. First, determine the firm’s core competency; second, define its mission and its high-level corporate goals and objectives; third, identify the target market for the firm’s service.

Business

Chocolate Gourmet Company obtains an insurance policy to protect against losses incurred by the firm as a result of being held liable for personal injuries or property damage sustained by others. This is

A. casualty insurance. B. fire insurance. C. life insurance. D. title insurance.

Business

Which of the formulations below expresses the weighted average cost of capital (WACC) formula?

A) WACC = × Re + × Rd × (1 - Tc) B) WACC = × Re + × Rd × (1 - Tc) C) WACC = × Re × (1 - Tc) + × Rd D) WACC = × Rd + × Re × (1 - Tc)

Business