Vivian would like to improve two-way communication with her subordinates. Which of these ideas would be most helpful her?
A. Post daily updates on the bulletin board.
B. Announce daily production requirements over the public address system.
C. Engage employees in conversations to discuss their ideas and problems
D. Manage by walking around.
Answer: C
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Better Deals Company has 6 units in inventory on December 31. The units were purchased in November for $155 each. The price lists from the suppliers indicate that the same items would now cost the company a total of $960. What would be the amount reported as ending Merchandise Inventory on the balance sheet?
A) $1,890 B) $315 C) $930 D) $960
Which of the following are FALSE when writing bad-news messages?
a. The writer should focus on the good rather than the bad. b. The writer should present the negative ideas in positive terms when possible. c. The writer should state what can be done rather than what cannot be done. d. The writer should state the bad news early and reinforce it throughout the message.
An indemnity is an obligation on the part of a principal to reimburse the agent against any losses incurred when the latter is acting on behalf of the former
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Commercial paper is a short-term note that carries more risk than T-bills, is not as liquid, but pays the purchaser a higher rate of interest. 2. Equity capital is funds that are obtained through borrowing and must be repaid. 3. Trade credit is credit given to a firm by the suppliers of the company. 4. If a buyer takes advantage of a “2/10 net 30” trade credit offer it will save 10 percent of the bill if paid within 2–10 days, but will pay the entire invoice total if not paid within that time frame. 5. Most banks do not require collateral for short-term loans to new businesses.