It is ideal for key management slots to be filled from outside
A. in a worst-case scenario.
B. in turnaround and rapid-growth situations.
C. when problems with the old strategy are obvious.
D. when the managerial whole is greater than the sum of individual efforts.
E. in a centralized structure.
Answer: B
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________ is the profit on the sale of merchandise before any operating expenses have been deducted
a. Gross profit b. Net profit c. Net income d. Sales
Bloomington, Inc is a merchandiser of stone ornaments
The company sold 7,000 units during the year. The company has provided the following information: Sales Revenue $550,000 Purchases (excluding freight in) 304,000 Selling and Administrative Expenses 69,000 Freight In 15,000 Beginning Merchandise Inventory 43,000 Ending Merchandise Inventory 42,000 What is the cost of goods sold for the year? A) $362,000 B) $320,000 C) $318,000 D) $305,000
Effective market segmentation is a two-step process that starts with naming broad product-markets and then goes on to segmenting these broad product-markets into more homogeneous submarkets.
Answer the following statement true (T) or false (F)
Zenda's psychology curriculum required her to study an individual's personality type using the process of interviewing. She selected Evan, her brother's roommate, as her test subject. The highlighted points of her research were that Evan is a law graduate, who is a musician in his spare time. He is an independent person who paid his own way through law school. His friends get annoyed with his impulsive behavior. According to the RIASEC model, Zenda classified Evan under the ________ type of personality dimension.
A. enterprising B. realistic C. artistic D. conventional E. investigative