660 1. Michelle, a highly motivated entrepreneur plans on applying for a business loan from Bank America.
She finds out that the percent change in price of business loans increased to 6% last month. This resulted
in a 30% percent change in quantity demanded. What is the business loan's price elasticity?

Organizational portfolio plan, the final phase of the strategic planning process, involves? a. identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus. b. designing marketing mix strategies c. setting organizational objectives d. creating organizational strategies

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Which of the following is not an example of one of the four mail advantages of prices on a free market economy