A large corporation has annual sales revenues of $6 billion. The corporation currently earns 2.25%
on its money-market account.
If the corporation can reduce its float by three days by making its
billing and collection functions more efficient, the company's operating profits will increase by
approximately
A) $2,196,500. B) $3,069,863. C) $1,350,000. D) $1,109,589.
D
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Ken works at his company's warehouse, where he makes sure that the correct shipments are delivered to the company's vendors on time. In his job, Ken is fulfilling the ________ marketing function
A) communication B) physical C) facilitating D) exchange E) transaction
Tony is interested in using meeting technology that will create the sense that participants thousands of miles apart seem to be in the same room. What is the term used to describe this technology?
A. Virtual whiteboards B. Instant messaging C. Telepresence D. Online brainstorming E. Webinars
Your manager annoys you because she frequently corrects the most minor flaws in your work. To use reframing through cognitive restructuring, you would tell yourself something like, "I guess my boss is just trying to be a caring manager
Maybe I can profit from her small suggestions."
A company has a cash ratio of 2.3. What does this imply?
A) The company has an unnecessarily large amount of cash supply. B) The company does not have enough cash supply. C) The company is not in a position to pay off its long-term liabilities. D) The company is not in a position to pay off its current liabilities.