The margin of safety is the amount by which sales can decrease before losses are incurred by the company.
Answer the following statement true (T) or false (F)
True
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Leif contracts to sell his Micro Brewery & Pub to Naomi on April 1. On March 15, Leif tells Naomi that he will not go through with the deal. Naomi can recover
a. the cost of any property that Naomi would find suitable. b. the cost of a similar, nearby brewery and pub. c. theMicro Brewery & Pub. d. nothing.
An oversimplified belief about a group of people is called
a. discrimination b. prejudice c. bias d. a stereotype
What determines whether the sales forecasting process is direct or indirect?
A. the industry orientation of the firm B. the nature of the predicting variable C. the ultimate goal of the entrepreneur D. the marketing philosophy of the company
Globalization changes the dynamics of a project and adds a layer of complexity that can reduce the risks of accomplishing the project outcome
a. True b. False Indicate whether the statement is true or false