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 You guide employees and make sure their work meets certain criteria in a company. Which of the following perspectives does this give you on the company? A) customer B) manager C) employee D) owner/investor ANSWER B
Date: September 3rd, 2020
QUESTION Diversification is a method of managing ________. a. risk b. strengths c. retained earnings d. dividends ANSWER a
Date: September 3rd, 2020
QUESTION You have a vested interest in the financial success of a company, though you are not participating in its day-to-day activities. Which of the following perspectives does this give you on the company? A) customer B) manager C) employee D) owner/investor ANSWER D
Date: September 3rd, 2020
