Building Big Box is a home improvement store based in Kansas and has been responsible for introducing some of the most innovative new products for the home improvement market in the Mid-West region. The Johnson family founded the company fifty years ago, but they now realize they need to convert the business into a corporation and establish functional areas within the company to handle various aspects of operations. The company is now considering expanding operations by building another facility in Canada. The Board of Directors has approved this move. Which functional area will be responsible for securing the necessary funding for the expansion?
a. Marketing
b. Accounting
c. Finance
Answer: c. Finance
Business
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Which of the following is an advantage of using an internal database?
A) Data always remains current in internal databases. B) Highly sophisticated equipment and techniques are not required for maintaining internal databases. C) Internal databases can be accessed more quickly and cheaply than other information sources. D) Internal databases require less maintenance efforts. E) Information obtained from internal databases is almost always sufficient for making marketing decisions.
Business
A law firm might request a retainer at the end of the representation
Indicate whether the statement is true or false
Business