If a firm takes on ________ it may be downgraded by rating agencies, resulting in ________ interest payments
A) too much incremental debt; lower
B) too much incremental debt; higher
C) too little incremental debt; lower
D) too little incremental debt; higher
B
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Which of the following is not typically identified as a potential problem associated with interviewer perception in selection interviewing:
a. ‘halos and horns’ b. stereotyping c. cold-shouldering d. first impressions
Mrs. Dawson wrote a check to Kevin for $50 on New Year's Day for clearing the snow from her driveway on Christmas Eve. However, when Kevin tries to cash the check at Mrs. Dawson's bank, he is told that the check is stale
Which of the following is the most likely reason for Mrs. Dawson's check being dishonored by the bank? A) Mrs. Dawson did not have enough funds in her checking account. B) Mrs. Dawson had dated the check for the previous year instead of the current year. C) Mrs. Dawson had not identified Kevin as the payee while writing out the check. D) Mrs. Dawson had given Kevin a check which was dated over six months ahead of the date of issue.
Which statement below did the textbook not use to describe oral communication?
a. You can record and archive them b. The informal nature means that the message can get lost or misunderstood c. Feedback is immediate d. The message is sent and received almost instantaneously
A firm currently has a 20% market share for its product, lint pickers. It has identified 2 plans to improve its market share. The transition matrices for both plans are listed below. Plan 1 costs $1 million and Plan 2 costs $1.5 million
The company's goal is to determine what its demand will be in the long-term. Plan 1: 20% Share 40% Share 60% Share 20 Share 0.25 0.40 0.35 40 Share 0.20 0.35 0.45 60 Share 0.10 0.50 0.40 Plan 2: 20% Share 40% Share 60% Share 20 Share 0.30 0.30 0.40 40 Share 0.10 0.50 0.40 60 Share 0.20 0.30 0.50 A single percentage point of market share translates into an annual demand of 1,000 units per year. Also, each percentage point of market share means $100,000 of profit for the firm. Choose the plan that maximizes the firm's net income.