People for the Ethical Treatment of Animals (PETA) has demonstrated against the sale of coats made of animal furs. PETA's efforts to change shoppers' attitudes represent a ____ force for fur retailers.
A. technological
B. political
C. sociocultural
D. self-regulatory
E. controllable
Answer: C
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Buckle Company reported the following information for 2011 and 2012. Accounts payable, December 31, 2011 $ 60,000 Accounts payable, December 31, 2012 80,000 Inventory, December 31, 2011 45,000 Inventory, December 31, 2012 60,000 Cost of goods sold--2012 1,000,000 Assume that all merchandise purchases are on account. Under direct method how much cash was paid to suppliers for inventory purchases
during 2012? A) $1,005,000 B) $1,050,000 C) $ 995,000 D) $1,020,000
A company that pursues and achieves strategic objectives
A. believes that the company's financial performance is not as important as it really is. B. is likely to be a weak financial performer because diverting resources to the pursuit of strategic objectives takes away from the achievement of financial performance targets. C. is generally not strongly focused on its true mission of making a profit. D. is likely to weaken the achievement of its short-term and long-term financial objectives. E. is frequently in a better position to improve its future financial performance because of the increased competitiveness that flows from the achievement of strategic objectives.
The _______ quality philosophy is used to drive a firm toward low price, high quality, and fast response.
Fill in the blank(s) with the appropriate word(s).
Which of the following is not a factor used in determining assessed value?
A)?Original price B)?Improvements C)?True cash value D)?a, b and c are all factors used