Key functional strategies of a company include all of the following except
A. production and information technology and supply chain management strategies.
B. human resource and finance strategies.
C. alliance and partnerships as well as merger and acquisition growth strategies.
D. sales, marketing, and distribution strategies.
E. R&D, technology, and product design strategies.
Answer: C
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Jon Winek started the year with a capital balance of $135,000. During the year, his share of partnership net income was $120,000 and he withdrew $22,500 from the partnership for personal use. He made an additional capital contribution of $37,500 during the year. The amount of Jon Winek’s capital balance that will be reported on the year-end balance sheet will be
a. $120,000.
b. $292,500.
c. $225,000.
d. $270,000.
Which of the following statements describes the moral theory of utilitarianism?
A) People must choose the action or follow the rule that provides the greatest good to society. B) People must follow actions that are in accordance with a specific ethical rule or principle from a religious text. C) People must choose to follow actions of a virtuous person. D) People must follow actions based on moral duties imparted by one's community.
Every employee, stockholder, and board member ____ allowed to vote on the controversial issue
A) was B) were C) are
The effective interest rate method of amortizing bond discounts and premiums results in a constant amount of interest expense every period.
Answer the following statement true (T) or false (F)