The Investing budget is made up of the production budget, the direct materials purchases budget, and the direct labor cost budget
Indicate whether the statement is true or false
False
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The societal marketing concept
A. involves conducting business in a way that protects the natural environment while making economic progress. B. is the idea that organizations are part of a larger society and are accountable to that society for their actions. C. actively tries to understand customer needs and satisfy them while satisfying the firm's goals. D. is the view that an organization should satisfy the needs of consumers in a way that provides for society's well-being. E. is the moral principles and values that govern the actions and decisions of an organization.
Competitors are most likely to react to a price change when ________
A) the firm has a weak value proposition B) the firm enjoys a monopoly C) there are few competing firms D) the product is heterogeneous E) buyers have limited information
Net income that is not paid to shareholders as dividends increases _____
a. cash receipts b. retained earnings c. cash disbursements d. long-term liabilities e. current liabilities
Which of the following is not a correct guideline for using humor in presentations?
A) Avoid humor when covering very serious topics. B) Offensive language and singling out one ethnic group are never appropriate. C) "I heard a funny story the other day" is not an effective lead-in to humorous remarks. D) Avoid directing humor at yourself, which hurts your credibility as a speaker. E) Humor is most effective when it comes as a surprise to the audience.