What term is used to describe the increasingly interconnected nature of the world economy?
A. relationship marketing
B. the World Wide Web
C. globalization
D. the marketing mix
E. internationalization
Answer: C
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When a stock dividend is distributed, the account to be debited would be
a. Retained Earnings. b. Stock Dividends Distributable. c. Paid-In Capital in Excess of Par. d. Capital Stock.
Which one of the following is a more serious concern in terms of an adverse variance from budget?
A. a negative variance of $10,000 in budget expenditures B. a $10,000 shortfall in value earned on the project to date C. a positive variance of $10,000 in budget expenditures D. a $10,000 surplus in value earned on the project to date
______ wage theory says that if a company pays higher wages, it can generally hire better people who will in turn be more productive.
A. Competency B. Compression C. Efficiency D. Rate
Answer the following statements true (T) or false (F)
1. Project milestones are any measurable, tangible, verifiable outcome, result or item that is produced to complete a project or part of a project. 2. Project deliverables represent key dates when a certain group of activities must be performed. 3. Project products are quantifiable criteria that must be met for the project to be considered a success. 4. Project objectives are descriptions of the characteristics the product or service has undertaken. 5. Risk management is the process of proactive and ongoing identification, analysis and response to risk factors.