All forms of benchmarking are best applied in situations where long-term continuous improvement is desired
Indicate whether the statement is true or false
TRUE
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________ promote respect for past tradition and for fulfilling social obligations in the present.
A. Short-term orientations B. Capitalist orientations C. Masculine cultures D. Individual orientations E. Feminine cultures
Shondra owns a carpet-cleaning firm. If her objective is to produce immediate sales of her services, her firm's promotion mix should probably stress
A. advertising and sales promotion. B. advertising and personal selling. C. advertising and public relations. D. sales promotion and personal selling. E. sales promotion and public relations.
Which of the following statements is true regarding post-earnings-announcement drift?
a. Security prices do not react significantly at the time of earnings announcements. b. At least part of the blame for this effect has been laid at the feet of financial analysts. c. This effect is more important for larger firms than for smaller firms. d. Security prices never fully reflect the effects of earnings announcements.
Which one of the following statements is TRUE?
A. Asset switching occurs when a company borrows money for a safe investment but uses it for a risky investment. B. An example of an agency cost is when the board of directors pays a dividend to shareholders. C. An example of an agency cost is when an attorney hires an expert witness for a trial. D. The commission required by the Federal Housing Agency for a small business loan is an example of an agency cost. E. An example of an agency cost is the salary of the agent hired to work for the principal.