Describe how personal loans affect your personal budget, income statement, and balance sheet. Has credit allowed you to expand your purchases?
What will be an ideal response?
Answer: This is a basic subjective answer. Interest expense on credit reduces wealth. However, purchases on credit allow you to purchase more assets. Loans are easy to obtain when collateral is available. Additional purchases need to be in the budget.
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Bob is a 3MT Co. salesperson who deals with companies that clean up hazardous waste. A fertilizer company purchased 10 cases of respirators from 3MT. Bob explained to the company's owner that the company would also benefit from the 3MT cleanup training package that includes one 15-minute video, 25 study guides, a 10-step spill response poster, 75 wallet cards, and 25 certification of completion. What is Bob trying to do in this scenario?
What will be an ideal response?
There are more businesses organized as corporations than as sole proprietorships and partnerships in the United States
a. True b. False Indicate whether the statement is true or false
Which of the following areas is not addressed by an organization's mission statement?
a. the purpose for which the organization exists b. what the organization wants to accomplish c. the organization's strategic plan for fulfilling its mission d. how its products can uniquely meet the needs of its customers.
When writing an appreciation message, you should:?
A) ?avoid sending the message within a few days of the circumstance. B) ?use strong language to communicate a favorable attitude. C) ?avoid addressing the message to an individual's supervisor. D) ?make specific remarks about an individual's performance.