In emerging industries:
A. environmental factors do not affect customer demand.
B. entrepreneurs confront demand certainty.
C. it is easier to respond effectively to sudden changes.
D. environmental changes are highly likely.
Answer: D
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Answer the following statement true (T) or false (F)
Life insurance often used to fund business buyouts is called
a. key person insurance. b. a buyout annuity. c. business term insurance. d. business liability insurance.
Which of the following is not a tax credit mentioned in the chapter?
A) Child tax credit B) Second income credit C) College expense credit D) Earned income credit
A company that produces products individually designed to meet the needs of a specific customer, would normally use a job order costing system.
Answer the following statement true (T) or false (F)