A specific duty is a
A. fixed sum charged for a specified number of units of the product.
B. stated percentage of the invoice of the product.
C. rate charged in excess of a compound duty.
D. duty established for a given, articulated reason.
Answer: A
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A short-term investment in a U.S. Treasury bill costs $24,200 and will mature in six months at $25,000 . Management intends to hold the investment until it matures. The entry to record receipt of cash at maturity is: (No prior entries were made to recognize revenue.)
a. Cash 25,000 Short – Term Investments 24,200 Interest Income 800 b. Cash 25,000 Short – Term Investments 25,000 c. Cash 24,200 Short – Term Investments 24,200 d. Cash 25,000 Short – Term Investments 24,200 Gain on Sale of Investments 800
______ is hypothesized to be linked to effective intercultural interactions, including interpersonal relationships and task performance.
a. Cultural sensitivity b. Cultural knowledge c. Cultural savvy *d. Cultural intelligence
Scenario 13.2 Use the following to answer the questions. Star Supplies, Inc. manufactures commercial-grade floor cleaners, such as vacuums and floor polishers. The firm has recently begun manufacturing other janitorial-related product lines, such as paper products and chemical cleaners. Star Supplies distributes its products in two ways. It sells its vacuum, floor polisher, and janitorial supply products to an independent business that takes title to the products and then sells them to various small businesses throughout the region. Also, Star has a list of large businesses that it distributes to directly, on an as-needed basis. These businesses keep very little inventory and purchase janitorial supplies in small quantities. Recently, Star has decided to add two new service product
lines-paper shredding and a uniform rental service. Clint Rodriguez, the marketing manager, is conducting a meeting to discuss the ways in which Star can strategically manage these new businesses. Star has the choice of marketing the paper shredding service to their large business clients, by picking up the paper as they drop off the other janitorial supplies, or they can buy a small paper shredding business and market to both large and small business customers. With regard to the uniform rental service, Star can either pick up and deliver the uniforms to the small businesses themselves, or contract that out to a third party. Refer to Scenario 13.2. Star Supplies, Inc. is most likely using which of the following to market its vacuum, floor polisher, and janitorial supplies to its small business customers? A. Wholesalers B. Retailers C. Merchants D. Industrial distributors E. Manufacturers' agents
Distinguish between consumer products and business products.
What will be an ideal response?