You have decided to incorporate error-management elements into a sales training program you are designing. As you require senior management support for your program, you decide to put together a short report supporting the value of including elements of error-management in your sales program. Which of the following should NOT be included in your report?

A) errors are a source of negative feedback which can be helpful in training
B) errors can be foundational in the learning process
C) trainees tend to enjoy training sessions that include error-management elements
D) errors force learners to develop error-recovery strategies which lead to improved performance

Watson purchased one-half of Dalton's interest in the Patton and Dalton Partnership for $45,000. Prior to the investment, land was revalued to a market value of $135,000 from a book value of $93,000. Patton and Dalton share net income equally. Dalton had a capital balance of $35,000 prior to these transactions.​Required
(a) Provide the journal entry for the revaluation of land.
(b) Provide the journal entry to admit Watson.

In making decisions management ordinarily considers both financial and nonfinancial information.

Which of the following statements is not true?

A) Some public goods are paid for by private philanthropy.
B) Private provision of public goods is usually unprofitable.
C) The free-rider problem results from the characteristics of nonrivalry and nonexcludability.
D) Public goods are only provided by government.

It has been said that brands manufacture crises to strengthen the brand. Is this wise?

A) No, the brand-relationship is always weaker after a crisis.
B) Yes, consumers like a joke.
C) No, all crises are bad.
D) Yes, if it reflects brand position and is planned.

Explain the difference between lost, mislaid, and abandoned property and who has rights to it.