QUESTION Competition plays a large part in both capitalistic and mixed market economies. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Effective followers do not necessarily need a strong leader to get the job done. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION A kind of loan that is generally given only to trusted customers or to companies perceived to be extremely financially stable is called a(n) ________. a. unsecured loan b. secured loan c. factoring arrangement d. credit card balance ANSWER a
Date: September 3rd, 2020
QUESTION Leadership and management are interchangeable. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A line of credit ________. a. allows a business to borrow short-term funds, up to a set amount, whenever it is necessary without having to apply for a new loan every time b. requires a company to use property as a collateral c. requires a company to use accounts receivable as collateral d. involves […]
Date: September 3rd, 2020
QUESTION Measuring risk versus ________ is the key to any investment decision. a. portfolio b. horizontal diversification c. return d. interest ANSWER c
Date: September 3rd, 2020
QUESTION In a free market, people generally may choose what they buy and sell. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION When a business uses accounts receivable as collateral for a bank loan, this is known as ________. a. factoring b. long-term financing c. pledging d. equity financing ANSWER c
Date: September 3rd, 2020
QUESTION The triple bottom line approach to sustainability focuses on people, planet, and product. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION The sale of accounts receivable to a third party at a discounted rate in exchange for immediate cash is called ________. a. factoring b. pledging c. long-term financing d. equity financing ANSWER a
Date: September 3rd, 2020
