Briefly describe the difference between prudent and practical.
What will be an ideal response?
Being prudent in negotiation means to be wise, and trying to understand the efficacy of the tactic and the consequences it might have on the relationship with the other. Being practical means what a negotiator can actually make happen in a given situation.
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Warehouse stock records are the formal accounting records for inventory
Indicate whether the statement is true or false
The fire insurance policy on Dullard's home contained a 50 percent coinsurance clause. Dullard's home had a fair market value of $100,000. The face amount of the policy covering the home was $30,000. A hostile fire caused $30,000 worth of damage to the home. To what amount is Dullard entitled?
A. $30,000 B. $100,000 C. $9,000 D. $18,000
A difference between early majority and early adopters is that early majority are:
a. more likely to be opinion leaders. b. more eager to try new products and ideas, almost as an obsession. c. likely to collect more information and evaluate more brands. d. less likely to extend the adoption process.
Investment center managers are evaluated on their use of investment center assets to generate income.
Answer the following statement true (T) or false (F)