After successfully penetrating China's first-tier cities, Mary Kay expanded into second- and third-tier locations

Tying compensation incentives to performance targets decreases the likelihood that the goals of responsibility centers, managers, and the entire organization will be well coordinated

Indicate whether the statement is true or false

To qualify as a holder in due course, the holder must first be a(n)

a. payee of the instrument. b. holder of the instrument. c. indorser. d. assignee.