Jordan, a sales manager, met with his staff to discuss that they were only a third of the way to their sales goal, but halfway through the sales period. He was looking for suggestions to improve second-half performance. Which part of the planning/control cycle is Jordan doing?
A. Benchmarking against competitors.
B. Controlling the direction.
C. Making the plan.
D. Carrying out the plan.
E. Updating the plan.
B. Controlling the direction.
Controlling the direction includes comparing the results with the plan, improving future plans, and correcting deviations in the plan being carried out.
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Jennings Creations is considering an investment in a computer that is capable of producing various images that are useful in the production of commercial art. The computer would cost $20,000 and have an expected life of eight years. The computer is expected to generate additional annual net cash receipts (before-tax) of $6,000 per year. The computer will be depreciated according to the
straight-line method and the firm's marginal tax rate is 25 percent. Refer to Jennings Creations. What is the after-tax net present value of the proposed project (using a 16 percent discount rate)? Present value tables or a financial calculator are required. a. $2,261 b. $(454) c. $6,062 d. $(4,797)
The children were ________ excited when they heard they made the team; they jumped up and down ________
A) real/noisy B) really/noisy C) real/noisily D) really/noisily
A company's dividend distribution can be in the form of cash or additional stock
Indicate whether this statement is true or false.
In the context of modes of transportation, trucks have the lowest on-time dependability.
Answer the following statement true (T) or false (F)