1. Why is it important for business and

professional students to develop good

communication skills?

Becoming a manager means a profound transformation in the way people think of themselves, called personal, which includes letting go of deeply held attitudes and habits and learning new ways of thinking.

Which of the following must be true in order for materials to be classified as direct materials? a. They must be an integral part of the finished product and be a significant portion of the total product cost. b.

Which answer best explains the concepts of pricing? A) Consumers all want to pay the same price for the same product. Businesses agree among themselves what that price should be. B) consumers buy the products the lowest prices.

Which of the following is a characteristic of stock? a. Stock represents a promise to repay a fixed amount of funds. b. The face value or principal plus interest is repaid at a specified period of time. c.

Sally's Dress Shop, Inc. reports operating income of $200,000 and interest expense of $18,000. The average common stockholders' equity during the year was $20,000. The beginning assets balance is $80,000 and ending assets balance is $120,000.

Wims, inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000. a. What is the value of the shareholders' eq

Businesses are most likely to grow during which of the following phases of the business cycle? A. expansion B. contraction C. trough D. recession

Zero Corp. suffered a loss having a material effect on its financial statements as a result of a customer's bankruptcy that rendered a trade receivable uncollectible.

Upward communication among organizational members at the same level can facilitate task coordination, provide means of sharing information, provide formal channel of communication for problem solving, and facilitate mutual support for staff involved.

Last year, a women's professional organization made two small-business loans totaling $23,000 to young women beginning their own businesses. The money was lent at 9% and 11% simple interest rates.