Corporate strategy addresses issues-related decisions about entering or exiting an industry

Indicate whether the statement is true or false

TRUE

Business

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Reliable Waterworks Corporation provides plumbing services. Transactions of Reliable Waterworks during the first year of operations are given below

a) Received $11,000 cash and issued common stock to Sharon b) Paid $2,000 for equipment to be used for plumbing repairs. c) Borrowed $10,000 from a local bank and deposited the money in the checking account. d) Paid $300 in rent for the year. e) Paid $200 for plumbing supplies to be used on various jobs next year. f) Completed a plumbing repair for a law firm and received $3,000. Calculate the amount of total assets at the end of the first year. Assume the plumbing supplies of $3,000 are left at the end of the year. A) $2,200 B) $2,000 C) $21,000 D) $23,700

Business

In order to discover potential communication issues before a campaign is begun, advertiser will engage in ___________

a. Pre-testing b. Secondary research c. Trial balloons d. Recall tests e. Product sampling

Business