A competitor analysis grid is a methodology that surveys external opportunities and threats and relates them to internal strengths and weaknesses

Indicate whether the statement is true or false


FALSE

Business

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If a company has preferred stock, the preferred stock dividend is added to net income when computing earnings per common share

a. True b. False Indicate whether the statement is true or false

Business

A vice-president of an American software company introduced himself to a group of Korean partners and added "you may just call me John"

Although this verbal cue shows the underlying reality that Americans have a high value on informality and equality, it needs adaptation due to the reason that: A) John is not a very popular name in Korea. B) it is difficult to translate John in Korean language. C) customs, hierarchies, and class structure of Korean culture have to be respected. D) Korean culture requires that first and last name be used in addressing guests. E) it is not appropriate to disclose nicknames in business meetings.

Business

Which of the following statements is true of liabilities?

a. Accounts payable are listed in the current liabilities section in alphabetical order by vendor. b. Classification of current liabilities is important because of the liquidity concept. c. Current liabilities are listed in order of decreasing amounts in the current liability section of the balance sheet. d. The accounting principles followed in the U.S. differ from those of other countries; this is especially true for current liabilities.

Business

Which of the following is the BEST example of management thinking during the "production era"?

A. "If we can produce it, customers will buy it." B. "The lower we price a product, the more we can sell." C. "We need to increase our sales effort-to sell what we can produce." D. "The more we advertise a product, the more we can sell." E. "We need to be selective and produce what customers want."

Business