Which of the following is a way that a business model will lend value?
a. by explaining how revenue will be obtained
b. by explaining how profits will be made
c. by explaining how the company will serve customers in new markets
d. by describing the elements of the financial forecast
c. by explaining how the company will serve customers in new markets
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Which of the following statements is true regarding secondary data sources?
A) Data collection from secondary sources is time consuming. B) It is usually less expensive than primary data. C) The data gathered is tailored to the manager's needs. D) Secondary data sources are usually consulted after exhausting primary sources.
Marla works for Direct Consulting, a consulting firm that specializes in direct feedback. She has been hired by “Find Your Car” to find out why their customer base is shrinking. Marla uses the organizational development intervention of direct feedback and ______.
a. suggests a change for “Find Your Car” to make b. brings in members from all areas of “Find Your Car” to help her problem solve c. issues questionnaires to all customers in “Find Your Car’s” database d. creates a forcefield analysis for “Find Your Car”
A single-step income statement includes cost of goods sold as another expense and shows only one subtotal for total expenses.
Answer the following statement true (T) or false (F)
John Right, an analyst with Stock Pickers Inc, claims: "It is not worth my time to develop detailed forecasts of sales growth, profit margins, et cetera, to make earnings projections. I can be almost as accurate, at virtually no cost, using the random walk model to forecast earnings.". What is the random walk model? Do you agree or disagree with John Right's forecast strategy? Why or why not?