Archives: Quiz
Chapter 09 Hiring and keeping quality employees is one of the most
1. Hiring and keeping quality employees is one of the most urgent concerns for today’s organizations. a. True b. False 2. The set of activities that are undertaken to attract, develop, and maintain an effective work force refers to human […]
Chapter 08 The application of behavioral science knowledge to improve
118. _____ means extending the search for and commercializing new ideas beyond the boundaries of the organization and even beyond the boundaries of the industry. 119. A(n) _____ is a person who sees the need for and champions productive change […]
Chapter 08 Inventory managers at SYX Enterprises utilize an inventory control
93. What is force field analysis? a. The analysis of the forces that drive customers to a certain organization b. The analysis of the forces that drive the organization of a company c. The process of determining which forces drive […]
Economics Chapter 20B Why would a corporation consider bond refunding
ANSWER: d ANSWER: b ANSWER: a © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: d CHAPTER 20B 1. In a bond […]
Chapter 08 Shared development of innovations among several departments
53. Shared development of innovations among several departments is emphasized by the approach to innovation a. vertical b. horizontal linkage model c. top down d. bottom-up e. diagonal 54. The horizontal linkage model is best applied to a(n): a. low […]
Economics Chapter 14A How Many People Need Fish The Pond
ANSWER: b ANSWER: d ANSWER: b © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, I whole or in part. ANSWER: c CHAPTER 14A 1. The breakeven point […]
Chapter 08 Organizational change refers to the adoption of a new idea
1. Organizational change refers to the adoption of a new idea or behavior by an organization. a. True b. False 2. Productive innovation refers to innovations in products, services, or processes that radically change an industry’s rules of the game […]
Economics Chapter 10A Lakeland Ramblers is considering two mutually exclusive projects
ANSWER: d ANSWER: a © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: c RATIONALE: Solution: NPVB = –$120,000 + $25,000(5.889) = […]
Chapter 07 When each employee is held accountable to only one supervisor
134. The is an unbroken line of authority that links all persons in an organization and shows who reports to whom. 135. When each employee is held accountable to only one supervisor, it is called . ANSWER: unity of command […]
Economics Chapter 5A First Texas National Bank is offering a one-year CD
ANSWER: a ANSWER: a RATIONALE: Solution: FV3 = 10,000(e)0.08(3) = $12,712 ANSWER: b RATIONALE: Solution: PV0 = $5,000(e)–0.08(4) = $3,631 © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible […]
Chapter 07 Which of the following structures is the leanest of all organization
94. An advantage of functional structures is the: a. resulting economies of scale. b. enlarged tasks for employees. c. easy pinpointing of responsibility for product problems. d. development of general management skills. e. flexibility in an unstable environment. 95. Which […]
Economics Chapter 23 Only The Assets Are Purchased ii The Buying
Chapter 23: Corporate Restructuring 49. Whipple Industries is considering the acquisition of the Blanchard Company in a stock-for stock exchange. Selected financial data for the two companies is shown below. No synergy is expected in this merger. Whipple Blanchard Sales […]
Chapter 07 The people with authority and responsibility are subject
54. The people with authority and responsibility are subject to reporting and justifying task outcomes to those above them in the chain of command. This is called . a. delegation b. line authority c. staff authority d. accountability e. hierarchy […]
Economics Chapter 23 Legal Insolvency Occurs When a The Firm Unable
CHAPTER 23: CORPORATE RESTRUCTURING 1. Forms of business combinations include: a. mergers b. consolidations c. holding companies and consolidations d. mergers, consolidations, and holding companies ANSWER: d 2. Which of the following terms are not associated with mergers and acquisitions? […]
Chapter 07 The deployment of organizational resources to achieve strategic
True / False 1. The deployment of organizational resources to achieve strategic goals refers to organizing. a. True b. False 2. Organizing defines what to do while strategy defines how to do it. a. True b. False ANSWER: False POINTS: […]
Economics Chapter 22 The Political And Economic Conditions That Influence
ANSWER: c ANSWER: d ANSWER: b © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: c CHAPTER 22: INTERNATIONAL FINANCIAL MANAGEMENT 1. […]
Chapter 06 If Vaughn uses the classical model of decision making
Scenario – Vaughn Bately Vaughn Bately manages a group of eight electrical engineers at Defiance Designs. His team is highly trained and well respected by experts both inside and outside the company. Recently one of Vaughn‘s engineers suggested a new […]
Economics Chapter 21 Only Statement Correct c Both Statement And Are
ANSWER: b ANSWER: d ANSWER: c © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: c CHAPTER 21: RISK MANAGEMENT 1. Which […]
Chapter 06 All of these are basic assumptions of the political
96. All of these are basic assumptions of the political model except: a. organizations are made up of groups with diverse interests, goals, and values. b. information is clear and complete. c. managers do not have the time, resources, or […]
Economics Chapter 20 The Market Price The Warrants 30 And
ANSWER: b ANSWER: a ANSWER: d © Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: d CHAPTER 20: FINANCING WITH DERIVATIVES 1. are […]
Chapter 06 The Decisionmaker Strives For Conditions Certainty c Criteria
56. Good examples of decisions are strategic decisions. a. nonprogrammed b. programmed c. insignificant d. recurring e. structured 57. When a small community hospital decides to add a radiation therapy unit, it is considered a: a. programmed decision. b. structured […]
Economics Chapter 19 Lease-buy analysis assumes that the alternative to leasing
ANSWER: a ANSWER: b ANSWER: a © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: d CHAPTER 19: LEASE AND INTERMEDIATE-TERM FINANCING […]
Chapter 06 Making a choice is the most significant part of the decision
1. Making a choice is the most significant part of the decision-making process. a. True b. False 2. A decision is a choice made from available alternatives. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: 1 REFERENCES: 220 LEARNING […]
Economics Chapter 18 Possible sources of relevant information about a credit
ANSWER: d ANSWER: b ANSWER: b © Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: d CHAPTER 18: THE MANAGEMENT OF ACCOUNTS RECEIVABLE […]
Chapter 05 Fred has been assigned to conduct a SWOT analysis
146. Fred has been assigned to conduct a SWOT analysis for his organization, Acme, Inc. As part of this assignment, Fred will: a. conduct an external wage survey. b. search for the strengths, weaknesses, opportunities, and threats that impact his […]
Economics Chapter 17 The Los Angeles bank Has Agreed Process Fag ins
ANSWER: c ANSWER: b ANSWER: d © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: a CHAPTER 17: THE MANAGEMENT OF CASH […]
Chapter 05 The Last Step Determine The Goals have Been
96. The act of determining the organization’s goals and the means for achieving them is referred to as . 97. and plans are the responsibilities of middle managers. ANSWER: Tactical goals POINTS: 1 DIFFICULTY: 2 REFERENCES: 182 LEARNING OBJECTIVES: MGMT.DAFT.12.07-03 […]
Economics Chapter 16 Which The Following apply a Measures Firms Risk b Provisions
Chapter 16: Working Capital Management 52. Great Skot expects to have cash receipts in June of $532,160. Skot’s cash disbursements in June are $581,720, including an interest payment on a bond issue of $32,000. If Skot wishes to maintain a […]
Chapter 05 Refers to a broadly stated definition of the organization’s
55. refers to a broadly stated definition of the organization‘s basic business scope and operations that distinguishes it from similar types of organizations. a. Mission statement b. Goal statement c. Management by objective d. Goal setting e. Corporate competitive-value statement […]
Economics Chapter 16 The as sets Are Those That Are Affected The
CHAPTER 16: WORKING CAPITAL MANAGEMENT 1. The length of the operating cycle is equal to the length of the I. Inventory conversion period. II. Receivables conversion period. a. Only statement I is correct. b. Only statement II is correct. c. […]
Chapter 05 Managers must understand no plan is perfect, but should grow
1. Managers must understand no plan is perfect, but should grow and change to meet new conditions. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: 2 REFERENCES: 180 LEARNING OBJECTIVES: MGMT.DAFT.12.07-01 – 07–01 NATIONAL STANDARDS: United States – BUSPROG: […]
Economics Chapter 15 Sulzer’s Dividend Payout Ratio Given That The
Chapter 15: Dividend Policy 59. Heintz Corp. has just declared a 10% stock dividend. The company’s pre-stock dividend common stockholders’ equity was as follows: Common stock ($0.50 par, 10,000,000 shares) $ 5,000,000 Contributed capital in excess of par $ 48,000,000 […]
Chapter 04 includes behavior that is not always codified into law and may
91. A code of is a formal statement of the company’s values concerning ethics and social issues. a. integrity b. trust c. citizenship d. ethics e. honesty 92. Statements that define fundamental values and reference organizational responsibilities, products and employees […]
Economics Chapter 15 The dividend clientele effect concept was originally developed
CHAPTER 15: DIVIDEND POLICY 1. The dividend clientele effect concept was originally developed by a. Myron Gordon b. Merton Miller and Franco Modigliani c. Milton Friedman d. Paul Samuelson ANSWER: b 2. Dividend reinvestment plans involve the purchase of a. […]
Chapter 04 When everyone is pursuing self-direction, the greater good
55. When everyone is pursuing self-direction, the greater good is ultimately served because people learn to accommodate each other in their own long-term interest is an example of the . a. utilitarian approach b. individualism approach c. moral–justice approach d. […]
Economics Chapter 14 The Firms Marginal Tax Rate 40 what The
Chapter 14: Capital Structure Management in Practice 48. TCA Cable has fixed operating cost of $2.6 million, and its variable cost ratio is 0.30. TCA has $4.0 in bonds outstanding with a coupon interest rate of 12%. TCA has 1.0 […]
Chapter 04 Ethics is the code of moral principles and values that
1. Ethics is the code of moral principles and values that governs the behaviors of individuals or groups. a. True b. False 2. Free choice lies between the domains of codified law and ethics. a. True b. False ANSWER: False […]
Economics Chapter 14 Raw material and direct labor costs are examples of
CHAPTER 14: CAPITAL STRUCTURE MANAGEMENT IN PRACTICE 1. Raw material and direct labor costs are examples of a. fixed costs b. overhead costs c. variable costs d. capital costs ANSWER: c 2. When fixed operating costs are incurred by the […]
Chapter 03 A multinational corporation typically receives at least
116. A multinational corporation typically receives at least % of its total sales revenues from outside the parent’s home country. 117. means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest […]
Economics Chapter 13 The Firms cost Equity 15 And The Cost
ANSWER: c ANSWER: b ANSWER: c © 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ANSWER: a CHAPTER 13: CAPITAL STRUCTURE CONCEPTS 1. […]
Economics Chapter 12 Whipple Industries, Inc. is in the process of determining
Chapter 12: The Cost of Capital, Capital Structure, and Dividend Policy 64. Whipple Industries, Inc. is in the process of determining its optimal capital budget for next year. The following investment projects are under consideration: Required Expected Rate Project Investment […]
Chapter 03 Kim, a Japanese expatriate working in Denmark, tends to use
93. Recent research by the GLOBE project has extended research and offered new insights for managers. a. Hofstede’s b. Walton‘s c. Weber’s d. Fayol‘s e. Gilbreth’s 94. All of the following are cultural dimensions as defined by the GLOBE Project, […]
Economics Chapter 12 The Cost Capital Structure And Dividend
CHAPTER 12: THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY 1. The Institutional Brokers’ Estimate Service (IBES) summarizes analysts’ . a. short-term earnings forecasts b. long-term earnings growth rates c. bankruptcy forecasts d. short-term earnings forecasts and long-term earnings […]
Chapter 03 Exporting, licensing, and direct investing are called products
53. Exporting, licensing, and direct investing are called strategies because they represent alternative ways to sell products and services in foreign markets. a. globalized b. expansion c. retrenchment d. market entry e. concentrated business 54. As a first step into […]
Economics Chapter 11 Because Recognizes The Riskiness Various Projects Can
Chapter 11: Capital Budgeting and Risk Year Cert. Equiv. CF PVIF PVCF 0 –$60,000 1.000 –$60,000 1 19,000 .926 17,594 2 18,000 .857 15,426 3 20,000 .794 15,880 4 19,500 .735 14,333 ANSWER: a RATIONALE: Solution: Certainty Equivalent NPV = […]
Chapter 03 Business has become a unified, global field as trade barriers
1. Business has become a unified, global field as trade barriers fall, communication becomes faster and cheaper, and consumer tastes converge. a. True b. False 2. When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent […]
Economics Chapter 11 The discount rate used in calculating the certainty equivalent
CHAPTER 11: CAPITAL BUDGETING AND RISK 1. The discount rate used in calculating the certainty equivalent net present value is the a. risk-adjusted discount rate b. cost of capital c. risk-free rate d. cost of equity capital ANSWER: c 2. […]
Chapter 02 The of the general environment includes all elements that occur
125. The of the general environment includes all elements that occur naturally on earth. 126. Included in a(n) environment are sectors that have a direct working relationships with the organization, among customers, competitors, suppliers, and the labor market. ANSWER: task […]
Economics Chapter 10 What is the NPV of a project that required
Chapter 10: Capital Budgeting: Decision Criteria and Real Option Considerations 65. What is the NPV of a project that required a net investment of $500,00 and produced net cash flows of $150,000 per year for 5 years and $110,000 for […]
Chapter 02 She Further Recognized That Lasting Solution Her
96. If a company emphasizes that “no purchase is complete until the customer is satisfied,” then it’s: a. utilizing a symbol. b. communicating its values to customers. c. using a slogan to present their values to customers and employees. d. […]