Long-term creditors are usually most interested in evaluating:
A. Profitability.
B. Solvency.
C. Liquidity.
D. Managerial effectiveness.
Answer: B
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The first question to ask before engaging in a media interview is:
A) What purpose will this serve the organization? B) How many questions will s/he ask me? C) What should I wear? D) Will the reporter put me on the spot?
You are a home appliance salesperson. One of your customers wants his television to be repaired on a holiday, but the company service manager is on vacation. The company regulations say that without written consent from the service manager, service engineers are not allowed to work on holidays. How would you handle this situation?
A. Provide service without approval and without pay. B. Ignore the customer's request until the service manager returns. C. Try to obtain approval by phone from the service manager or a higher authority. D. Inform the customer that the company policies are against such a service. E. Advise the customer to seek the help of a freelance service person.
Which of the following statements about Internet resources is NOT correct?
a. Resources on the Internet may not always be reliable and credible. b. Internet resources may be used without concern for copyright, since materials must be cleared for posting before appearing on the Internet. c. In addition to the vast material available on the Internet, libraries provide some additional resources that an effective business researcher will at times need to use. d. Partial text from articles and documents are often available via the Internet, while full texts may only be available in published form.
________ will tell you how long it will take you to earn enough profit to cover your start-up investment.
A. Return on sales B. Return on assets C. Payback D. ROI