Information SecurityInc pays income and other taxes collected by the Internal Revenue Service (IRS). Like other federal administrative agencies, the IRS was created by

a. Congress, through enabling legislation.
b. the courts, through the adjudicatory process.
c. the U.S. Constitution, in Article I, Section 8.
d. thepresident, through an executive order.


A

Business

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A firm can obtain new products through acquisition or new product development efforts

Indicate whether the statement is true or false

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Which retail institution purchases brand name merchandise on an opportunistic basis and seeks to attract department store shoppers?

a. full-line discount store b. warehouse store c. off-price chain d. flea market

Business

Shifting customer design decisions as far down the supply chain as possible is typically called

which of the following? A) reverse supply chain B) planning time fence C) postponement D) planning horizon

Business

The marginal tax rate paid on a firm's ordinary income can be calculated by dividing its taxes by its net income

Indicate whether the statement is true or false

Business