Which of the following statements about collateral contracts is true?

A) The guarantor promises to pay only if the principal debtor fails to do so.
B) A collateral contract involves three parties and one promise to perform.
C) The guarantor's debt is primary.
D) The principal debtor's debt is secondary.

A firm's mission and vision statement should communication all of the following EXCEPT the firm's ________.

A) achievements
B) core values
C) inspiring goals
D) core purpose

Group process refers to how the members of a team actually work together as they transform inputs into outputs.

Support department costs are applied to products as a part of

A) fixed manufacturing costs
B) variable cost of goods sold
C) fixed selling and administrative expenses
D) overhead

Suppose that the government goes into deficit in order to help local school districts build better schools. Does this burden future generations?

For a cost, Huma can open up a Jimmy John's store in her hometown of Detroit, Michigan. The parent company has agreed to let Huma use its company name. Additionally, the company will give her support for her operational and marketing efforts. What type of market entry strategy is this?
A)licensing
B)franchising
C)joint venture
D)direct ownership
E)contract manufacturing