Which of the following best describe (s) the activities of a business?
A. It uses money raised in the capital markers to purchase assets, such as land, buildings, and equipment
B. it uses purchased assets to create goods or services
C. it sustains itself financially by selling the goods or services produced
D. none of the above answers is correct
E. answers (a), (b), and (c) are all business activities
Ans: E. answers (a), (b), and (c) are all business activities
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Refer to Table 11.1. The behavior of some of the faculty is an example of:
A) prosocial behavior. B) reciprocity-based behavior. C) a distributive orientation. D) organizational citizenship behavior.
Which of the following would NOT be included in the prospectus for a company's stock?
A) details about the company's mission B) experience of the company's top managers C) par value for shares D) past dividends E) call-in date for shares