The element of a letter that contains the company name and address of the writer is

a. the inside address.
b. the letterhead.
c. the salutation(=greeting, welcome: l?i chào)
d. None of the above


b. the letterhead.

Business

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In preparing the cash flows from operating activities section of the statement of cash flows by the indirect method,the net decrease in inventories from the beginning to the end of the period is added to net income for the period

a. True b. False Indicate whether the statement is true or false

Business

Selling chain management applies technology to the activities in the order life cycle from inquiry to sale.

Answer the following statement true (T) or false (F)

Business

Marcus employs a real estate broker, Dean, to sell his house. Dean's express powers are to advertise and market the house for sale, show the house to prospective buyers, and accept offers from them

He is not allowed to seal a deal without Marcus' consent. Marcus goes away on a month-long trip where he cannot be contacted. During this time, a short circuit in the house causes a power outage. Dean uses his authority to hire an electrician to repair the circuits and restore electricity in the house. Marcus then comes back and pays Dean for the repairs. What is the nature of the agency that Dean used to fix the problem in the house? A) implied agency B) agency by ratification C) power of attorney D) express agency

Business

In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a raw material seeker. Which of the following is NOT a reason why raw material seeker extract raw materials in foreign countries?

A) They extract raw materials wherever they can be found to export from the host country. B) They extract raw materials wherever they can be found for sale in the host country. C) They extract raw materials wherever they can be found for further processing in the host country. D) All of the above.

Business