Pay policies are one of the most important human resource tools for
A. persuading customers that high quality is worth a premium price.
B. automating routine activities.
C. reducing competition in the product market.
D. encouraging desired employee behaviors.
E. making decisions about product pricing.
Answer: D
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If a company has $152,000 of revenues, declares and pays $55,000 in dividends, and has net income of $89,000, how much were expenses for the year?
a. $ 8,000 b. $ 63,000 c. $144,000 d. Unable to determine the amount due to incomplete information.
What is the advantage of using information provided by demographic data market research
firms rather than government sources? A) The information obtained from government sources is less accurate than that from market research firms. B) Information from government sources is subjective and biased. C) Market research firms can provide more detailed information than government sources. D) Market research firms provide data for free, unlike government research sources.
Gaven Griffith of Griffith's department stores tells his marketing director that he is tired of the constant price-centered advertising by the firm's agency. "We have the best customer service in town, and I feel that is what we should be hanging our hats on," he states. This statement is most appropriate for use in which of the following stages of campaign development?
A. Determining the appropriations B. Creating the platform C. Identifying the target D. Defining objectives E. Developing the media plan
The cost of a widget is $5, and the carrying rate is 40%; cost of processing an order is $25, annual demand is for 400 widgets, and supply and usage patterns are stable. What is the economic order quantity (EOQ)?
a. 5 b. 20 c. 25 d. 100 e. 200