When Team Sporting Goods was working through its process change, it provided employees with information regarding the changes that would result from implementing empowerment. This action generated and demonstrated organizational support. These actions are associated with the ________ stage of implementing empowerment.
A. investigation
B. transition
C. preparation
D. implementation
Answer: C
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If a company purchases treasury stock for $10,000 and then reissues it for $3,000, the difference of $7,000 is
a. treated as a gain on the sale. b. treated as a loss on the sale. c. an increase in stockholders' equity. d. a decrease in stockholders' equity.
Which of the following statements about target marketing is NOT correct?
A. Target marketing aims at a marketing mix that is tailored to fit specific target customers. B. Mass marketers cannot do target marketing. C. Target marketing is not mass marketing. D. Marketing-oriented managers practice "target marketing." E. Target marketing can mean big markets and profits.
Penetration pricing is setting the price to
a. maximize profit. b. be below competition. c. switch customers to new product lines. d. match the competition.
Financing activities would include cash paid for:
A. Dividends to stockholders. B. The stock of another company. C. The purchase of treasury stock. D. Both dividends to stockholders and the purchase of treasury stock.