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1. Return on sales is also known as:a. Return on investment b. Profit marginc. Cost of goods soldd. None of the above 2. One way for a business to raise the capital it needs to grow it finance with:a. Earningsb. Debtc. Equityd. All of the above 3. An example of a company where revenue is primarily from the production of a tangible product is:a. Ford Motor Companyb. Ernst & Youngc. Massage Envyd. Netflix 4. One disadvantage of corporations is that their profits are subject to double-taxation, taxed once on the corporate level and again when investors receive their share of profits.a. Trueb. False 5. Examples of variable costs include:a. Commissionsb. Shippingc. Cost for materialsd. All of the above 6. Payment of a percentage of the revenue generated by the sale of each unit is known as:a. Royaltyb. Franchisec. Diversificationd. Line extension 7. Which kind of company acts as a middleman, buying goods from a manufacturer and selling them on to a retailer?a. Retailb. Wholesalec. Manufacturingd. Service 8. A cash flow statement provides the same information as an income statement.a. Trueb. False 9. A company codifies its reason for existence in the form of a:a. Performance objectiveb. Mission statementc. Profit statementd. None of the above 10. What is the final step in the employee recruitment process?a. Salary negotiationb. Hiringc. Orientationd. None of the above 11. In 2013, Ken invested $20,000 in his company. In the same year, his net profits were $3,500. What was his annual ROI in 2013?a. 17.5%b. 5.7%c. 1.75%d. 57.1% 12. A free enterprise system is also known as:a. Economicsb. Market systemc. Production economyd. Free-trade system 13. The opposite of the skimming strategy of pricing is the:a. Penetration strategyb. Skimming strategyc. Meet-or-beat the competitiond. Cost-plus14. A reward for becoming an entrepreneur is:a. Control over timeb. Control over compensationc. Control over working conditionsd. All of the above 15. Lee has $255,000 in current assets and $175,000 in current liabilities. How much working capital does she have?a. $85,000b. $430,000c. $80,000d. None of the above 16. How often should you rebalance your investment portfolio?a. Monthlyb. Bi-annuallyc. Annuallyd. Every three years 17. Net worth is also known as owner's equity.a. Trueb. False 18. Franchising and licensing are examples of what kind of strategies?a. Harvestb. Diversificationc. Replicationd. None of the above 19. Which of the following telephone behaviors is NOT a hallmark of a successful salesperson?a. Waiting to offer solution or products until later in the call.b. Letting the customer talk less than you do.c. Asking the right questions.d. None of the above. 20. Using orders as a unit of sale is most commonly associated with which kind of business?a. Retailb. Wholesalec. Manufacturingd. Service 21. The giving of resources to charities in an effort to help solve a social or environmental problem is known as:a. Philosophyb. Missionc. Philanthropyd. Vision Statement 22. If furniture store buys a sofa from the wholesaler for $600 and sells it for $2,500, what is the retailer's gross profit per unit?a. $3,100b. 25%c. $1,900d. 4.16 23. Four out of five small firms fail in the first five years of operation.a. Trueb. False 24. According to the principle of compounding interest, if you invest $1.00 at 10 percent over five years, how much will you have at the end of those five years? a. $1.50b. $1.61c. $1.51d. $1.10 25. Which one of the following is NOT one of the five roots of opportunity?a. Problemsb. Inventionsc. Competitiond. None of the above
Then, discuss how groupthink might have created decision-making problems for NASA and its booster contractor.
As a new HR manager in a hospital you have a countless of responsibilities. How do you conclude which duties are strategic, which duties influence the internal and external environment
Corporate Level Strategy
Efforts cannot be adapted to the change. Of course, this will take time and patience to successfully and fully implement.
Reported below is number of units sold last month at sampled outlets. At the .01 significance level, can producer conclude that price reduction resulted in increase in sales?
Match each strategic tendency with at least one country or culture. Briefly explain why you feel each strategic predisposition appropriately matches the country or culture you selected.
Explain how many people you need to hire and in what functional areas, such as manufacturing, operations, customer service, distribution, marketing, and accounting. Develop strategies to recruit the appropriate applicants.
Is there a difference in the financial statements that are prepared according to different GAAP if an investor wants to compare the financial results of Gap, Inditex and H&M?
What subjects or topic areas should be included in leadership development programs in the public and private sector and why those topics?
suggest the questions that the computer might raise if it detected the subsequent pattern: Inventory-carrying cost and inventory stock availability are dropping.
Have you or anyone you know been involved in a home or auto loss and felt as if the insurance should pay only to find out later that it won't?
What factors influence a leader to adopt a specific style
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