Janie and Victor Tsao, founders of Linksys, are examples of:
a. High-control innovators
b. Participative innovators
c. Status quo guardians
d. Process managers
c. Status quo guardians
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A communication method/model that is open to all who wish to participate is considered which of the following?
A) Communication Process Model B) Web based Communication Model C) We Talk, You Listen Model D) Social Communication Model E) Broadcasting Model
Which of the following is the last step in the daily control over cash receipts by mail?
A) A mailroom employee sends all customer checks to the treasurer who has the cashier make the bank deposit. B) The controller opens the mail and sends the remittance advices to the accounting department. C) The controller compares the records of the day's bank deposit amount from the treasurer and the debit to Cash from the accounting department. D) The accounting department prepares journal entries to cash and the customers accounts.
Riley Company borrowed $50,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1160 during Year 1 and $1800 during Year 2. Assume no other transactions.Based on this information alone, what is the amount of net income (loss) that will be reported on the Year 2 income statement?
A. $925 B. $(50) C. $2675 D. $875
The popular cupcake chain Sprinkles, which first launched in Southern California in 2005, recently settled a trademark infringement lawsuit against a Connecticut bakery that was calling itself Pink Sprinkles. The latter was forced to change its name to Pink Cupcake Shack because it was apparently violating provisions of the
A. Sherman Antitrust Act. B. CAN-SPAM Act. C. Consumer Bill of Rights. D. Consumer Product Safety Act. E. Lanham Act.