MGT 498 Final Exam. 1) In a survey of 50 corporations, which of the following was rated as a benefit of strategic management? A. Clearer sense of vision for the firmB. Higher levels of employee motivationC. Higher levels of job satisfactionD. Improved productivityE. Lower employee turnover 2) Research suggests that strategic management evolves through four […]
Brief Exercise 5-1Presented here are the components in Casilla Company’s income statement.Determine the missing amounts.Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Net Income sales COGS GP Operating exp NP Year 1 $ 71,200 $ 30,000 $ 12,100 Year 2 $ 108,000 $ 70,000 $ 29,500 Year 3 $ 71,900 $ […]
1. Which of the following is more reflective of managerial task? a. creating vision and strategies b. problem-solving c. long-term risk-taking d. communication by word and deed 2. Which of the following is more reflective of a leader’s task? a. efficiency of operations b. delegation and maintaining c. motivation and inspiration d. marshalling resources 3. […]
1. A project typically has ____________. a. a defined start and end date b. a defined start date but no defined end date c. no defined start but a defined end date d. no defined start or end date 2. The Project Management Body of Knowledge Guide definition of a project indicates that a project […]
Chapter 2 & 3 MCQ’s : Marketing Management 13th edition by “Kotler”Chapter 2 : Developing Marketing Strategies & Plans 1. A key ingredient of the marketing management process is insightful, ________ marketing strategies and plans that can guide marketing activities.a. creativeb. measurablec. macrod. microe. niche 2. According to a chapter story about H&M clothing stores, […]
(1) A concern about political correctness is that it often leads to A. creating too many categories of people. B. blandness and imprecision in language. C. making many people feel inferior. D. conflict between majority- and minority-group members. (2) According to the triarchic theory of intelligence, a person with good street smarts would be strong in the […]
Week Five Exercise Assignment Financial Ratios 1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10: EdisonStaggThorntonCash$ 6,000 $5,000$ 4,000 Short-term investments 3,000 2,500 2,000 Accounts receivable2,0002,5003,000 Inventory 1,000 2,5004,000 Prepaid expenses800800800 Accounts payable200200200 Notes payable: short-term 3,100 3,1003,100 Accrued payables300300300 Long-term liabilities3,8003,8003,800 Compute the current […]
Week Four Exercise Assignment Liability 1. Payroll accounting. Assume that the following tax rates and payroll information pertain to Brookhaven Publishing: · Social Security taxes : 4% on the first $55,000 earned per employee · Medicare taxes : 1.5% on the first $130,000 earned per employee · Federal income taxes […]
Week Three Exercise Assignment Inventory 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $21,000 4/19 Purchase Sunset 21,800 6/7 Purchase Earth 31, 200 12/16 Purchase Moon 4,000 Woods and Moon […]
Week Two Exercise Assignment Revenue and Expenses 1. Recognition of concepts. Jim Armstrong operates a small company that books entertainers for theaters, parties, conventions, and so forth. The company’s fiscal year ends on June 30. Consider the following items and classify each as either (1) prepaid expense, (2) unearned revenue, (3) accrued expense, (4) […]