Answer:
conceptualized
Explanation:
Based on the information provided within the question it can be said that in this scenario Scott has conceptualized the concept of "minority owned". This term refers to when an individual creates an abstract but very simplified view of something. Which in this case he gave the term "minority owned" a simplified definition of being only owned by women or African Americans, when there can be many other minorities in a certain area.
When actual revenue <u>exceeds</u> what the revenue should have been, the variance is labelled favourable.
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Answer:
B.Structure is organized either by product or by region.
Explanation:
The divisional organizational structure is a type of structure in which the functions of the organization are to be transformed into a division. It could be in terms of a product line or the geographical region
Here in a given situation, the example of a divisional organization structure is option B as it represents that the structure would be organized either by a product or region
Hence, the option B is correct
Increased, decreased or remained the same.
Answer:
false
Explanation:
Interest is the cost of using credit. The applicable interest rate determines this cost. Like most other commodities, interest rates are subject to the forces of demand and supply.
If the demand for credit increases, then the cost of credit will increase, meaning interest rates will increase. On the other hand, a decline in the demand for loans will cause interest rates to reduce.