Your business plan projections should be ________.

A. incredible and impossible to reach
B. optimistic and a bit of a stretch
C. practical and easy to reach
D. realistic and attainable


Answer: D

Business

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Duerr Company makes a $60,000, 60-day, 12% cash loan to Ryan Co. The note and interest to be collected at maturity is: (Use 360 days a year.)

A. $61,200. B. $67,200. C. $58,800. D. $60,000. E. $1,200.

Business

What is the PV of an ordinary annuity with 5 payments of $4,700 if the appropriate interest rate is 4.5%?

A. $16,806 B. $17,690 C. $18,621 D. $19,601 E. $20,633

Business

Which type and form of communication networks is a useful method of communicating messages quickly and efficiently in person, over e-mails, blogs, or through other technological tools and can bring about a sense of unity among the employees who meet and share information?

a. Rumor string of an informal network b. Cluster chain of a formal network c. Grapevine of an informal network d. Gossip chain of an informal network

Business

Regardless of the industry you end up working in, it is the people who are the backbone of a successful organization. Knowing how to manage your own behavior as well as the behavior of others lies at the heart of your future career success. This statement sums up which all-encompassing concept?

What will be an ideal response?

Business