Which of the following is NOT considered to be a factor that affects the external environment in which a firm operates?
A) Interest rates
B) Credit conditions
C) Dividend policy
D) Expansion and recession of the economy
C
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The sum of the expenses of a firm that is stable and does not change with the quantity of the product that is produced and sold is referred to as
A. overhead cost. B. marginal cost. C. variable cost. D. total cost. E. fixed cost.
The use of a Gantt chart to schedule workers' duties, breaks, and lunches at a day-care center is an application of one of the principles associated with
A) the classical perspective. B) scientific management. C) management science. D) the contingency theory. E) administrative management.
Which statement(s) is/are true of PE ratios?
A. Managers, analysts, and investors expect companies with high PE ratios to experience future growth. B. Measures the amount that investors will pay for the firm's stock per dollar of equity used to finance the firm's assets. C. Measures how much investors are willing to pay for each dollar the firm earns per share of its stock. D. Both A and C are true.
Billionaire Richard Branson is committed to combating global warming. In 2007, he introduced Europe's first scheduled passenger train fueled by vegetable oil. Branson's Virgin Trains is running one of its trains on a 20 percent biodiesel blend for a six-month trial, and the British entrepreneur said his whole fleet might eventually be converted to run on biofuels. From this information, you can
surmise that Branson uses _____ to manage innovation. a. service development b. process duplication c. design iteration d. design compliance e. process reengineering