A right to a nonconforming use of land cannot be lost through abandonment
Indicate whether the statement is true or false
False
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In the context of the working capital cycle, working capital is best described as:
a. Long-term assets that are required to run and grow the business, plus accounts receivable. b. Long-term assets that are required to run and grow the business, plus accounts payable. c. Liquid assets that are required to run and grow the business, minus accounts receivable. d. Liquid assets that are required to run and grow the business, minus accounts payable.
An example of a pricing objective is to
a. ignore long-term pricing strategies in favor of short-term profits. b. increase market share irrespective of the cost of a product. c. maintain a price that is always under that of the competition. d. maintain a minimum rate of return.
Franchisors can exclude franchisees from or limit their involvement in the strategic planning process through _____
a. franchisor training b. franchisor troubleshooting c. limiting purchases to the franchisor or approved vendors d. quantity purchases
A form of research in which present behavior or the results of past behavior are viewed and recorded is _____
a. a survey b. experimentation c. observation d. simulation