Which of the following completes the sentence, '______ are characterized by highly interconnected people such as hobbyists, fans, or professional groups'?

a. Support networks
b. Tight crowds
c. Brand clusters
d. Community clusters
e. Polarized crowds


b. Tight crowds

Business

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Takenson Corp is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $500,000 Purchases 225,000 Inventory (beginning) 16,000 Inventory (ending) 30,000 Operating Expenses 148,000 Income Tax Expense 10,000 Retained Earnings (beginning) 53,000 Dividends 15,000 Refer to the information for Takenson Corp Calculate the gross profit

a. $241,000 b. $275,000 c. $425,000 d. $289,000

Business

Distribution channels are composed of coordinated groups of individuals or firms that add utility to a product or service

Indicate whether the statement is true or false

Business

Describe how the cost of goods sold is calculated when using the periodic inventory system.

What will be an ideal response?

Business

Why is one reason IJVs succeed?

a) Similar goals b) Divergent objectives c) Cultural conflict d) Control problems

Business