The owner of a desktop publishing company has seven loyal clients who periodically require his services. The owner has:

A) an infinite customer population of patient customers.
B) an infinite population of impatient customers.
C) a finite customer population.
D) a finite customer population with balking customers.


C

Business

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____________________ are those obligations that are due within one year or the normal operating cycle of the business, whichever is longer, and will require the use of current assets

Fill in the blank(s) with correct word

Business

Which of the following formulas gives the inventory turnover ratio?

a. Net credit sales/Average inventory b. Average inventory/Net credit sales c. Cost of goods sold/Average inventory d. Average inventory/Cost of goods sold

Business

A _____ view of ethics suggests that what is right or wrong depends on the situation.

A. universalist B. contingency C. relativist D. cultural

Business

Supportive behavior is characterized by leaders who give detailed rules and instructions and monitor closely that they are followed

Indicate whether the statement is true or false

Business