The mission of a firm provides: a. a description of the activities that a firm performs for its customers. b. an outline of what a firm hopes to achieve within a specific time frame. c. a series of quantifiable milestones with which a firm can assess its progress. d. information on what a firm wants to achieve and how it plans to accomplish that.

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.