What essential quality will Roni need to have to be successful in sales?
A) She will need to enjoy interacting with potential customers and customers.
B) She will need to enjoy making money.
C) She will need to enjoy creating branding and marketing campaigns for products.
D) She will need to enjoy servicing customers who have purchased the product from the company.
E) She will need to enjoy competing fiercely with other salespeople for sales and commissions.
A
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Lance is trying to decide whether to purchase a new bulldozer to expand his business. He is confident he has enough work to keep the bulldozer busy and that repaying the loan will not be a problem. What advice would you give Lance?
A. If the interest rate on the loan is less than the return on assets for the dozer, buy. B. If the return on this asset is more than the return on his equity, don't buy. C. If his current return on equity is greater than the return on this asset, buy. D. If his total asset turnover rate is greater than one, don't buy.
Which of the following is indicative of a bull market?
A) Stock prices that are averaging 20 percent off peak B) Rising stock prices for 12 months or more C) Falling stock prices for 6 months or more D) A spike in the value of the Dow Jones Industrial Average E) Investors who are motivated to sell stocks based on current value
If Turnpoint Inc. has net income of $400,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000, what is its return on equity (ROE)?
A) 13.3% B) 8% C) 66.7% D) 2%
Maroon Hotels Inc. is using the behaviorally anchored rating scale (BARS) method of employee performance appraisal. What is the advantage of using BARS?
A. It focuses on performance outcomes rather than functional behaviors. B. It does not require separate appraisal forms for different jobs. C. It allows the active participation of both managers and job incumbents. D. It is an extremely simple and easy appraisal method to develop and execute.