________ elaborates the benefits of combining and sharing complementary competences and capabilities across firms. The offering is a partnership and not just products and services
a. Adaptive selling
b. Transactional selling
c. Consultative selling
d. Enterprise selling
d
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Jones Company has long-term debt of $1,000,000, while Smith Company, Jones' competitor, has long-term debt of $200,000 . Which of the following statements best represents an analysis of the long-term debt position of these two firms?
a. Smith Company's times interest earned should be lower than Jones. b. Jones obviously has too much debt when compared to its competitor. c. Jones should sell more stock and use less debt. d. Smith has five times better long-term borrowing ability than Jones. e. Not enough information to determine if any of the answers are correct.
Which of the following techniques is not used to analyze cost behavior?
A. High-low method. B. Least-squares regression. C. Visual-fit method. D. Multiple regression. E. Linear programming.
Vandium, a high-end smartphone, is known for its excellent audio quality and processing speed. However, most of its users complain of certain technical issues after a period of five months. The company, however, is well aware of these issues because it deliberately designs these products to fail after a certain period—a strategy to generate revenue through service charges. In the context of business behavior, Vandium's business conduct is:
A. legal but ethical. B. legal but unethical. C. illegal but unethical. D. illegal but ethical.
A person doing business for herself is a ______ ; the business is a ______
a. partner; partnership b. general partner; limited partnership c. sole proprietor; proprietorship d. shareholder; corporation e. member; syndicate