A request for proposal (RFP) is the process ________.
A. undertaken by organizations to gain access to critical information withheld by gatekeepers
B. of evaluating service recovery strategies adopted by a company to reacquire customers
C. of putting product specifications into a document for distribution
D. by which customer computers communicate directly with supplier computers
E. of handing out sales contracts to vendors, preferably those on the supplier list
Answer: C
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Which of the following securities has the highest yield to maturity?
A. An on-the-run Treasury bond with ten years to maturity B. An on-the-run Treasury bond with twenty years to maturity C. An off-the-run Treasury bond with twenty-four years to maturity? D. An off-the-run Treasury bond with twelve years to maturity
In focus group reports, the following is (are) included ________
A) frequencies and percentages of respondent views B) only the words of the participants C) interpretation ends with the "instant interpretation" done with managers immediately after the last focus group has finished for the night D) analysis of facial expressions and body language E) A and D
Answer the following statements true (T) or false (F)
1. There is no need for managers to have employees participate in developing the budget because the budget is a management tool. 2. strategic budget is a long-term financial plan used to coordinate the activities needed to achieve the long-term goals of the company. 3. An operational budget is a short-term financial plan that coordinates activities needed to achieve short- term goals. 4. A strategic budget will be as detailed as an operational budget. 5. A static budget is a financial plan for only one level of sales volume.
Clark created a group as part of the organization’s structure. This type of group is known as ______.
a. network b. cross-functional group c. informal group d. formal group