Through ________ competition, competitors offer different products, attempting to satisfy the same consumers' needs and wants
A) discretionary income
B) product
C) brand
D) monopolistic
E) oligopolistic
B
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Robert owns and operates a dry cleaning store as a sole proprietorship. Robert needs more
money for the business, so Janet agrees to lend him the money. Janet is to receive one-half of the net income of the dry cleaning store until the loan and interest is paid. This situation is: A) A partnership because they share profits. B) A partnership because there is an association of two or more people. C) Not a partnership. D) A partnership because they own the business together. E) A partnership because they are carrying on a trade or business.
Human resource strategies are the ________ used to support a firm's strategic goals
A) visions and objectives B) policies and practices C) missions and goals D) theories and tools