Which of the factors used to develop mutual trust between a buyer and a seller is the LEAST important?

A. Customer orientation
B. Likability
C. Dependability
D. Competence
E. Honesty


Answer: B

Business

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Profitability management involves planning a business's cash receipts and cash payments

Indicate whether the statement is true or false

Business

Paula Hillison sells a line of copy machines that feature a "quick change" toner cartridge. The empty toner cartridge can be replaced quickly, without any mess, in a matter of seconds

Which of the following statements represents the most effective presentation of this feature? A) "We have recently developed the only office copy machine that features a quick change toner cartridge." B) "After years of research and development, our engineers have developed a quick change toner cartridge." C) "If you purchase one of our copy machines, you will enjoy the benefits of a quick change toner cartridge." D) "All of our copy machines are equipped with a quick change toner cartridge, which means you no longer waste time replacing an empty toner cartridge." E) "We have set a new industry standard with the quick change toner cartridge."

Business

Bright Lights Electrical, Inc. performed services of $8,000 on January 24 and invoiced the customer. Bright Lights received the $8,000 on January 31. Provide the journal entry on January 31 when the cash was received. (Ignore explanation.)

What will be an ideal response

Business

The profit a seller makes at auction is a function of all of the following except:

A. initial pricing. B. auction length. C. the number of units for auction. D. watch lists.

Business