A cooperative team is a team in which each member works independently to accomplish his or her portion of the work

Indicate whether the statement is true or false


TRUE

Business

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It is easy to get overly confident when setting an opening bid, making an opening that is so unrealistic the other party laughs, get angry, or walks away before responding.

Answer the following statement true (T) or false (F)

Business

The database approach to data management is sometimes called the flat file approach

Indicate whether the statement is true or false

Business

Under which of the following circumstances is the installment sales method appropriate for the recognition of revenue in the income statement?

a. For any sales where collection is spread over a reasonable long period of time. b. In any situation where management wishes to delay the recognition of revenue in order to smooth its income. c. For sales where collection is spread over a reasonable long period of time and significant doubt exists about the ultimate collection of the receivables. d. For sales where collection is spread over a reasonable long period of time and no significant doubt exists concerning ultimate collection of the receivables.

Business

According to Porter's five forces model, an oil producer will have increased ________ if the supply of oil drops sharply.

A. threat of new entrants B. risk of rivalry C. threat of substitutes D. industry coalescence E. bargaining power

Business