Which of the following is not a benefit of budgeting?
A. It plays an important role in communication within the organization.
B. It forces managers to look to the future.
C. It serves an important role in motivating and rewarding employees.
D. It builds organizational slack.
Answer: D
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A) examine primary data first B) examine secondary data first C) examine experimental data first D) examine virtual data first E) examine special data first
A company borrowed cash from the bank and signed a 6-year note at 7% annual interest. The present value for an annuity (series of payments) at 7% for 6 years is 4.7665. The present value of 1 (single sum) at 7% for 6 years is 0.6663. Each annual payment equals $8,400. The present value of the note is:
A. $26,652.00. B. $40,038.60. C. $190,660.00. D. $40,540.00. E. $5,596.92.
The city of Richmond needs land owned by the Neelans to expand a middle school. The Neelans do not want to sell. Discuss what course of action the city can take and the basis for this action
Human behavior is influenced by the physical setting in which it occurs. How does the servicescape influence the individual behavior of consumers and employees? Give examples.
What will be an ideal response?