The Foundation of Every Business Is ________

question 100

Multiple Choice

The foundation of every business is ________.

• A)its products and services
• B)satisfying the customer through a customer-driven marketing strategy
• C)doing whatever it takes to earn a profit
• D)operating in a socially responsible manner

Comprehend ethnic relationships and historical migrations in East Asia.

Analyze imagery representing different realms and stories in East Asian artifacts.

Identify artists behind significant East Asian handscroll scenes.

Understand the use of color symbolism in East Asian painting according to historical texts.

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Definitions:

Gain

A financial increase resulting from a transaction that exceeds the cost or value of the item sold or exchanged.

Direct Method

A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.

Operating Activities

Business activities related to the day-to-day functions of producing goods or offering services, impacting the company's cash flow.

Going Concern

An accounting principle that assumes a company will continue to operate and remain in business for the foreseeable future.