Describe the four management functions.
What will be an ideal response?
Planning means identifying goals for future organizational performance and deciding on the task and use of resources needed to attain them. Organizing involves assigning tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. Leading is the use of influence to motivate employees to achieve organizational goals. Controlling means monitoring employees' activities, determining whether the organization is moving toward its goals, and making corrections as necessary.
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JJ pays overhead each month, including his company's bills for rent, heat, interest, and salaries, which are examples of ________ costs
A) total B) average C) activity-based D) variable E) fixed
Why is analysis of intangible assets more challenging than the analysis of tangible long-lived assets?
a. Except for software development costs under U.S. GAAP and development costs under IFRS, firms generally do not recognize internally developed intangibles as assets on the balance sheet. b. U.S. GAAP and IFRS require firms to measure the fair values of identifiable intangibles acquired in a business combination and assess whether they have finite lives or indefinite lives. c. Differences between U.S. GAAP and IFRS in the treatment of development costs mean that comparisons of firms that apply U.S. GAAP with firms that apply IFRS require consideration of and adjustment for those differences. d. all of the above e. none of the above
A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs = 10.5%, and the expected constant growth rate is g = 6.4%. What is the stock's current price?
A. $17.39 B. $17.84 C. $18.29 D. $18.75 E. $19.22
What is input-output control?
What will be an ideal response?