Which of the following actions implies that a manager is working on a business plan rather than

a marketing plan?

A) identifying potential new competitors
B) mapping out strategies to achieve a productive end
C) implementing ad hoc plans to take advantage of market opportunities
D) including details on the operational activities of the firm


D

Business

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___________are the crucial link between economic transactions entered into by an entity and the accounting for these events

Fill in the blank(s) with correct word

Business

GAAP allows the use of either the direct or indirect method but prefers the direct method. Companies who use the indirect method must also include a separate schedule reconciling net income to net cash flow provided by operating activities

Indicate whether the statement is true or false

Business

Because there are many firms with similar products in purely competitive markets,

A. advertising is heavily used. B. firms find it easy to build strong, distinct brands. C. consumers develop personal preferences. D. price is determined by the laws of supply and demand. E. the many competitors will focus on variable cost pricing.

Business

Lateral communication typically involves persuading others who report to us

Indicate whether the statement is true or false

Business