Groups of related business activities such as the acquisition of merchandise and payment of vendors are called

A) transaction cycles.
B) economic cycles.
C) business events.
D) transactions.

A

Business

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Adaptability refers to the ability to react to respondent differences. Which survey method is best suited for adaptability?

A) computer-administered surveys B) self-administered surveys C) drop-off surveys D) person-administered surveys E) CATI

Business

If setup costs are high, the manufacturer can produce the item often, and the average cost per item is stable and equal to the running costs

Indicate whether the statement is true or false

Business