Management by objectives is a philosophy of management that reflects a ________ approach to managing.
A. reactive
B. hands-off
C. proactive
D. neutral
Answer: C
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Arbitration of disputes under the purview of "lemon laws" under state statute is:
A. usually binding on the manufacturer, not the consumer. B. not required by most statutes. C. usually binding on the consumer, not the manufacturer. D. not binding on either the manufacturer or the consumer.
Companies that adopt value-added pricing ________
A) consider value-added features as a fitting substitute for aggressive cost cutting B) set incredibly low prices to meet competition C) attach value-added features and services to differentiate their offers and support their higher prices D) overprice their products without any apparent justification E) underprice their products and lower quality to boost demand in the short-run
Creativity is defined in the text as ______.
a. production of ideas that will generate significant economic value b. production of ideas for something new but not useful c. production of ideas for something that is new and also potentially useful d. the results of brainstorming with friends and family
Assume MetAmbit Corporation had a net income of $2,300 for the year ending December 2016. Its beginning and ending total assets were $33,500 and $18,000, respectively. Calculate MetAmbit's return on assets (ROA )
(Round your percentage answer to two decimal places.) A) 6.87% B) 12.78% C) 8.93% D) 4.47%