What important topics are discussed in the Management Discussion and Analysis section of the financial statements?
A) Business risk factors associated with the company.
B) Management provides insight into key decisions implemented during that time period and future developments.
C) Management utilizes this area as a forum to discuss strategic motives.
D) All of these choices are discussed.
D
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The value chain is also called the supply network
Indicate whether the statement is true or false
A good positioning statement should help marketers
A) find the best distribution channels for their products. B) conduct effective interviews of new sales personnel. C) understand what consumers think and will learn about their products. D) determine which department public relations reports to in an organization. E) avoid using promotion to sell their products.
Costs that flow directly to the income statement as expenses are called:
A. Product costs. B. Capitalized costs. C. General costs. D. Balance sheet costs. E. Period costs.
The book mentions that organizations should develop quantitative measures of success. Which of the following are characteristic of quantitative measures?
A. They are specific in nature. B. They are tied to the strategic or financial goals of an organization. C. They are not easy to develop. D. They can be difficult to implement.