A business owner will gain an increased understanding of the unusual or unique competitive factors and capabilities of a business through

A. competitive map.
B. benchmarking.
C. gap analysis.
D. resource-based analysis.


Answer: D

Business

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Genuine Parts received a promissory note from a customer on March 1, 2016 . The face amount of the note is $8,000; the terms are 90 days and 9% interest. What is the total amount of interest that Genuine Parts will receive when the note is paid?

a. $ 60 b. $ 90 c. $180 d. $720

Business

A(n) _____ characteristic is a unique physical, measurable characteristic of a human being that is used to identify a person.

Fill in the blank(s) with the appropriate word(s).

Business

A corporation is liable for all torts committed by its employees while acting in the course of and within the scope of their employment.

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

Business

When obtaining evidence about internal control operating effectiveness, the auditor will select only entity-wide controls for testing

a. True b. False Indicate whether the statement is true or false

Business