Pluto Inc., a large manufacturer of desktops and laptops, has decided to enhance revenues by expanding its product line. It has identified the tablet market as a possible market to expand and has identified Compco Inc. as a potential competitor. Pluto Inc. is currently in the ________ stage of the strategic management process.
A. strategy implementation
B. strategy execution
C. strategy evaluation
D. strategy consultation
E. strategy formulation
Answer: E
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The amount of expired insurance on factory equipment is adjusted by
a. debiting Equipment Insurance Expense and crediting Prepaid Insurance; b. debiting Factory Overhead and crediting Prepaid Insurance; c. debiting Prepaid Insurance and crediting Equipment Insurance Expense; d. debiting Prepaid Insurance and crediting Accounts Payable; e. debiting Cost of Goods Sold and crediting Prepaid Insurance
When used appropriately, which power can motivate, but if used unethically or distributed based on favoritism, it can lead to demoralization and apathy?
a. Reward power b. Legitimate power c. Referent power d. Coercive power
In every class in which an oral presentation is assigned, students need to define all of the following EXCEPT
a. the purpose of the assignment. b. the professor’s expectations. c. their fellow students’ needs. d. community member’s views of college students.
Which of the following is not true about state financial responsibility laws?
A) They require individuals who drive cars to purchase a minimum amount of liability insurance. B) They are the same for all states. C) They may require proof of insurance to register a car. D) They may require proof of insurance when drivers are involved in an accident.