When annual CEO salary and bonus are based on ____, the CEO can take actions to maximize shortterm profits
A. market forces
B. stock awards
C. net income
D. stock options
Answer: C. net income
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The telephone has proven to be a good method of making appointments, keeping customers informed, and expressing appreciation, but it is an ineffective tool for building customer goodwill
Indicate whether the statement is true or false
Twenty percent of all businesses in the United States are corporations and they account for 80% of the total business dollars generated
Indicate whether the statement is true or false
The first step in establishing corporate entrepreneurship in an organization is:
A. securing commitment from top management B. finding mid-level managers to champion ideas C. developing ways to get closer to customers D. learn to be more productive with fewer resources
Additional funds needed (AFN) will be negative if:?
A. ?assets that can be acquired only in large, discrete amounts are acquired. B. ?the plant and equipment of the firm is increased to achieve additional growth. C. ?the amount of internal financing expected is decreased because of an increase in operations of the firm. D. ?there are economies of scale in the use of many types of assets. E. ?the amount of internally generated funds is more than sufficient to support the forecasted increase in sales.