When evaluating the attractiveness of the segment, if a segment is expected to react positively to the firm's offering, we say that the segment is
A. reachable.
B. identifiable.
C. responsive.
D. reactive.
E. substantial.
Answer: C
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Factoring receivables to a commercial lender is usually less expensive than pledging receivables.
Answer the following statement true (T) or false (F)
At optimality, if the left-hand side values are greater than the right-hand side values, we have ______.
A. slack B. profit C. loss D. surplus
Which of the following statements is true of the formation of general partnerships?
A. Expert legal assistance can be acquired when drawing up a partnership agreement. B. It is illegal to start a partnership on the basis of a verbal agreement. C. A general partnership consists of a limited number of members. D. A general partnership refers to business unions formed through involuntary partnership agreements.
Define the terms security interest, dragnet clause, and perfection. What are the methods of perfecting a security interest?