Which intangible assets are amortized? Limited-Life Indefinite-Life

a. Yes Yes
b. Yes No
c. No Yes
d. No No

Answer: b. Yes No

Business

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Who testified before Congress on the importance of ethics in business?

a. Bernie Ebbers b. Franklin Raines c. Jeffrey Skilling d. Richard Scrushy

Business

Foodies, a food manufacturing company, made plans to either open a new outlet in Berylia, a country where the majority are low-income families, or Erbia, a country where the majority of the people belong to high-income families. It finally decides to open a new outlet in Berylia by offering products with reduced cost as the demand for its product is greater in Berylia. This scenario is an example

of _____ in defining a strategy. A) making trade-offs B) creating fit among activities C) choosing a set of activities D) developing objectives

Business