Steph is trying to convince the management at ViviTech to implement a high-performance work system. In several meetings, members of senior management have stressed the importance of increasing innovation and efficiency while lowering costs and providing something unique to the customer. The success criterion that Steph should emphasize is that of being valuable.

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


True

Business

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Concerning the foreign exchange market, which of the following is FALSE?

a. Virtually all foreign exchange trading takes place in London and Zurich. b. Foreign exchange trading is dominated by the dollar, euro, yen, and pound. c. Individual households, businesses, governments, and banks buy and sell foreign currencies and other debt instruments. d. The foreign exchange market has no centralized meeting place and no formal requirements for participation.

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When the security interest is perfected and the buyer knows of its existence, a buyer in the ordinary course of business:

A. is not protected if the dealership is in default of its loan agreement. B. takes the purchase free from a security interest only if the person is buying farm products from a person engaged in a farming operation. C. is subject to the security interest created by his seller. D. takes the purchase free from a security interest created by his seller.

Business

Delia's is a clothing retailer that targets teenage girls. It runs coordinated promotions for its catalogs, its Web site, and its retail outlets

Delia's works to make sure its public relations activities as well as its sales promotions harmonize with its advertising in all venues. From this information, you can infer that Delia's is using ________. A) viral marketing B) stealth marketing C) integrated marketing communication D) word of mouth marketing E) database marketing

Business

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

1. The ability to work with budgets and financial statements is a must, if you want to advance and succeed in business. 2. A capital expenditures budget is a forecast of total operating spending for the year. 3. It is possible to have lots of revenues and yet make a profit. 4. The only way to really increase long term profits is to increase revenues.

Business