Learning (or failing to learn) from feedback, is largely a
A. personal flaw.
B. communication issue.
C. framing issue.
D. power style.
Answer: B
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Which of the following is an advantage of licensing?
A. It allows the licensee to directly benefit by receiving royalty payments. B. It allows the first-to-invent U.S. citizen to register a trademark to become its legal owner. C. It maximizes the physical and financial presence of a business overseas. D. It permits quicker foreign market penetration than direct investment.
Which of the following is a major disadvantage of using the Internet as a marketing channel?
A) It is less effective for complex products. B) It lacks convenience and practicality. C) It cannot be used to reach a wide audience. D) It is considered expensive. E) It causes the company to lose direct contact with customers.
Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions) 1. Acquired $5000 cash from issuing common stock. 2. Borrowed $3200 from a bank. 3. Earned $4100 of revenues. 4. Incurred $2600 in expenses. 5. Paid dividends of $600. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions) 1. Acquired an additional $1500 cash from the issue of common stock. 2. Repaid $2000 of its debt to the bank. 3. Earned revenues, $5500. 4. Incurred expenses of $3150. 5. Paid dividends of $1840. What is the amount of total assets that will be reported on Lexington's balance sheet at the end of Year 1?
A. $8800. B. $1800. C. $9100. D. $4000.
In the Holcomb v. Iona College case referenced in the text, a white assistant coach of a college basketball team alleged he was fired because he was married to an African American woman, and sued the college for violation of Title VII. How did the court rule?
a. The court ruled that Title VII was inapplicable to such claims. b. The court ruled that Title VII was inapplicable because a private college, as opposed to a public college, was involved. c. The court ruled that Title VII protects the parties involved in a racially mixed marriage, but that in other situations, such as dating relationships, Title VII would not apply. d. The court ruled that Title VII protects employees from discrimination based on their association with a person of a different race.