A closed economy is one that (a) does not import or export goods and services but (b) does borrow from other nations and/or lend to other nations.

a. True

b. False

Identify the type of planning used to develop multiple-year plans based on a situational analysis, competitive assessments, and external factors of the organization.

When you take your mind off the driving, you are: increasing your risk. reducing your risk. not changing your level of risk. driving safely?

Refer to the following information for Tolan Corporation: bullet Common Stock, $1.00 par, 106,000 shares issued, 100,000 shares outstanding bullet Paid-In Capital in Excess of Parlong dash Common: $2,190,000 bullet Retained Earnings: $920,000 bullet

Product competitors market products with similar features and benefits to the same customers at similar prices. a) True b) False

Value consists of: a. a product's performance characteristics and attributes for which customers are willing to pay. b. a product's proprietary characteristics and attributes for which customers are willing to pay. c.

A dress was originally selling for $150. Due to changing styles the 1st markdown was 10% and the second markdown was 20%. The dress still did not sell so a final markdown of 5% was taken. The sale price is currently:

Current assets include cash and all other assets expected to become cash or be consumed: a. Within one year b. Within one operating cycle c. Within one year or one operating cycle, whichever is shorter d.

True or false: if the extra output produced from an additional unit of capital falls as the stock of capital rises, the country is possibly overinvesting in capital.

Janet has identified four features of a college to which she is planning to apply for admission. Identify the pros and cons of Janet's choice of college.

Which is riskier, but has the potential for a higher rate of return? saving or investing