If Miriam implements a sustainability program and its associated changes on her company, what can she likely expect?
a. higher savings but slower growth over the long term
b. initial savings that increase over time
c. a quick improvement in stock value
d. high up-front costs but long-term savings
d. high up-front costs but long-term savings
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The beginning and the ending balances in cash and cash equivalents are entered in the master T-account for preparing the statement of cash flows. Cash equivalents represent _____ in which a firm has temporarily placed excess cash
a. short-term, highly illiquid investments b. short-term, highly liquid investments c. short-term and long-term, highly liquid investments d. short-term and long-term, highly illiquid investments e. short-term and long-term, marketable securities
Manufacturers may prefer to sell their closeouts, canceled orders, and out-of-season merchandise to factory outlets rather than off-price chains because _____
a. off-price chains can generate high profit margins b. off-price chains have too much power c. factory outlets generate low short-term cash flow d. greater control results in less disturbance to traditional channels
Paul Osborne is an agent for a major insurance company. He is responsible for building his own network of clients who purchase insurance policies and other financial services from him. He schedules appointments with prospective clients, makes sales presentations, and provides policy service after the sale. Paul is a(n)
A. order taker. B. sales technician. C. sales manager. D. supporting salesperson. E. order getter.
In the 1970s and 1980s, businesses extended their computer-based information systems beyond their corporate walls to connect with other companies' systems using ____.
A. EDI B. EFT C. FTP D. HTTP