Product Management responsibilities include each of the following except:
a. Coordinating marketing communications
b. Interfacing with field sales and reseller personnel
c. Organizing customer service
d. Booking orders
e. Coordinating product launch activities
d
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Business firms can stimulate innovation by:
a. hiring employees with low risk tolerance. b. telling employees that they have the freedom to fail. c. using micromanagement techniques. d. curbing research activities.
Which of the following is a generally acceptable clothing color for online presentations?
a. Brown b. Green c. Loud patterns d. Big stripes
Answer the following statement(s) true (T) or false (F)
6. Sally is worried about her backlog report. This is a report on orders that have been delivered but not yet paid by the customers. 7. Sandy’s balance sheet is partially completed. However, she has total assets of $120,000 and total stockholder’s equity of $15,000. Her liabilities should total $105,000. 8. Sandy’s balance sheet shows assets of $120,000, liabilities of $100,000 and stockholder’s equity of $25,000. Her balance sheet is in balance. 9. Currents assets are cash and other assets such as inventory, accounts payable, and prepaid expenses that can be converted into cash within a year. 10. Goodwill is the price paid for an asset in excess of its book value. This usually occurs when a company acquires another business.
A firm which uses the aggressive financing strategy plans to purchase raw materials in large quantities to take price discounts. The firm will finance the purchase with a long-term loan. The most likely consequence of this action is ________
A) a decrease in the current ratio B) an increase in net working capital C) an increase in risk of insolvency D) a decrease in net working capital