All of the following are inputs an organization receives from its environment EXCEPT
A. money.
B. materials.
C. people.
D. employee behaviors.
E. information.
Answer: D
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Organizations must communicate benefits information to employees so that they will
A. be motivated to work harder. B. be legally liable in an employee lawsuit. C. appreciate the value of their benefits. D. choose the least-expensive benefits package. E. be informed of future career opportunities within the organization.
Claire has just told her best friend, "I'm so glad I bought the Samsung Galaxy S5 rather than those other smartphones I was considering. Look at this incredible display, and the battery stays charged forever." Which stage of the consumer purchase decision process does Claire's conversation identify?
A. problem recognition B. alternative evaluation C. information search D. purchase decision E. postpurchase behavior
Which of the following is true with regard to primary firms, first-tier suppliers, and second-tier suppliers?
a. A first-tier supplier is the primary firm to a second-tier supplier. b. A second-tier supplier is the primary firm to a first-tier supplier. c. Second-tier suppliers are not as important as first-tier suppliers. d. To a primary firm, a first-tier supplier supplies finished goods and a second-tier supplier supplies raw materials.
Simons, Inc sells plasticware
The following information summarizes Simons' operating activities for the year: Utilities Expense $ 65,000 Rent Expense 10,000 Sales Commissions Expense 32,500 Purchases of Merchandise 260,000 Merchandise Inventory on January 1 65,000 Merchandise Inventory on December 31 97,500 Sales Revenue 650,000 Prepare an income statement for Simons, Inc, a merchandiser, for the year ended December 31 using the format below: Sales Revenue Cost of Goods Sold: Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit Selling Expenses: Sales Commissions Expense Administrative Expenses: Rent Expense Utilities Expense Total Operating Expenses Operating Income What will be an ideal response