The CEO of Mabel Automobiles was the child of parents who had difficulty making enough money to support their family. As a result, he and his siblings did not have access to many advantages that children from wealthier families had. This CEO, therefore, emphasized making affordable, low-maintenance vehicles that could be bought by low-income households. Which of the following does this example demonstrate?
A. Level-5 leadership pyramid
B. upper-echelons theory
C. scenario planning
D. dominant strategic planning
Answer: B
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Turner Corporation is holding a meeting of its shareholders to elect directors to its board. The corporation permits shareholders to cumulate their votes. A group of shareholders are looking to elect a director who would represent their concerns on the board. If 400 shares are being voted and four directors are to be elected, how many shares does the group need to elect its preferred candidate as director?
A. 100 B. 81 C. 80 D. 101
Nature Metals Company uses the direct method to prepare its statement of cash flows. Use the following information reported for the year 2018 to compute the cash paid to suppliers for operating expenses.
Operating expenses, $29,000 Accrued Liabilities, beginning balance, $3400 Accrued Liabilities, ending balance, $5400 A) $32,400 B) $31,000 C) $27,000 D) $34,400
Liquiction Pool and Patio Inc. is a company known for its quality pool installations, excellent customer service, and reasonable prices
Given the demand, Liquiction could price its products higher, but it prefers to price its products such that it will earn a reasonable level of profits. Liquiction seems to base its pricing policy on: a. profit maximization. b. earning satisfactory profits. c. creating retained earnings. d. maintaining a status quo pricing.
A linear programming problem contains a restriction that reads "the quantity of Q must be no larger than the sum of R, S, and T." Formulate this as a linear programming constraint
A) Q + R + S + T ? 4 B) Q ? R + S + T C) Q - R - S - T ? 0 D) Q / (R + S + T) ? 0 E) Q ? R + Q ? S + Q ? T