________ is one of the solution to the agency problem in publicly-held corporations
A) Stock options
B) Stock split
C) Demotion of employee designation
D) Distribution of dividends
A
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On November 1, 2019, Alpha Omega, Inc. sold merchandise for $18,000, FOB destination, with payment terms, n/30. The cost of goods sold was $5,580. On November 3, the customer returns on this sale amounted to $7,200. The company received the balance on November 9, 2019. Calculate the gross profit from these transactions.
A) $2,232 B) $7,452 C) $5,580 D) $3,348
When company management decides that it is unwilling to follow the "conventional wisdom" and instead finds a new way to gain competitive advantage, it might be said to be:
A) searching for loose bricks. B) changing the rules of engagement. C) collaborating. D) building layers of advantage. E) innovating.
A mission statement is a formal document that describes the organization's overall purpose and what it hopes to achieve in terms of its products, resources, and ________
A) customers B) profits C) employees D) shareholders E) competitors
Which of the following is NOT part of the three-step process to preparing a spoken or written business message?
a. Identify the central idea of the message. b. Determine the likely receiver reaction to the message. c. Choose an inductive approach for a spoken message and a deductive approach for a written message. d. All of the above are part of the process.