________ refers to the speed with which consumers and businesses adopt a particular product

A) A penetration strategy
B) Positioning
C) A skimming strategy
D) Diversification
E) Diffusion of innovation

E

Business

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Power directed at helping yourself and furthering your own ends rather than those of others or the organization is called:

a. influence b. socialized power c. personalized power d. authority

Business

The purchasing manager at Folding Squid Technologies has responsibility for reviewing and authorizing purchase orders. He also reviews receiving reports, approves or corrects them, and authorizes the cashier to pay vendor invoices. Which of the following would correct control weaknesses, if any, related to these activities?

A) Vendor invoices should be reviewed by the purchasing manager to ensure that they are correct. B) Accounts payable should reconcile purchase orders, receiving reports, and invoices. C) Vendor invoices should be reviewed by accounts receivable and then cancelled when paid. D) Controls are adequate under the current system.

Business