Line Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Liabilities, $5,000; Bonds Payable, $1,500; Lease Obligations, $2,000; and Deferred Income Taxes, $300 . Total stockholders' equity was $6,000 . The debt-to-equity ratio is
a. 0.63
b. 0.83
c. 1.42
d. 1.47
d
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Pricing can be used to
A) change available supply. B) reduce supply chain costs. C) influence demand if customers are price sensitive. D) all of the above
Mona sets up a business consulting firm in which the employees are motivated because they find their work interesting and creative. She carefully hires workers who fit well with their assigned tasks. Also, she clearly defines the results expected of each worker, but allows the workers to determine the means to these results. Which of the following best describes Mona's business?
A. a firm that relies on high output controls to tap into extrinsic motivation B. a firm that relies on high output controls to tap into intrinsic motivation C. a firm that relies on high input controls to tap into intrinsic motivation D. a firm that relies on high input controls to tap into extrinsic motivation
What are schemas? Identify four common schemas used by managers.
What will be an ideal response?
A reverse auction refers to an online auction
A. in which a buyer communicates a need for a product or service and would-be suppliers are invited to bid in competition with each other. B. in which a manufacturer offers to share its facilities, inventory, or services with other smaller firms that are invited to bid in competition with each other. C. in which a smaller manufacturer seeks to share the facilities, inventory, or services of a larger firm, and invites those firms to bid in competition with each other. D. where firms may sell their overstock - unused raw materials, packaging, and tools - to the highest bidder. E. where firms seek to purchase other firms' overstock - unused raw materials, packaging, and tools - while trying to find the lowest price possible.