Which planning approach is used when management calculates the resource requirement for each individual set of products or services and then combines to get an overall picture of resource requirement?
a. bottom-up
b. top-down
c. aggregate
d. independent
a. bottom-up
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Which of the following is NOT recommended within the final sentence of a bad-news message?
a. Tactful restatement of the refusal b. Sales promotional material c. Some future aspect of the business relationship d. An expression of willingness to assist in some other way
If cost reduction is part of a firm's strategy, a ________ system will allow it to achieve cost savings through economies of scale in purchasing, manufacturing, and transportation.
Fill in the blank(s) with the appropriate word(s).
Calculate net operating profit after taxes (NOPAT) if a firm has sales of $1,000,000, operating profit (EBIT) of $100,000, interest expense of $50,000, and a tax rate of 30%
A) $35,000 B) $700,000 C) $70,000 D) $45,000
The modern traditional theory recognizes the sovereign's right to nationalize foreign-owned property but places conditions on the exercise of that right
Indicate whether the statement is true or false