What are the four main career stages and when do they occur?
What will be an ideal response?
1) Exploration, ages 15–24, identify interests, evaluate skills; 2) Establishment, ages 25–45, build skills, career entry; 3) Maintenance, ages 45–60, continue advancement, coach, mentor; 4) Disengagement, age 60+, lower output, balance between work and nonwork.
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Failure to record the earned portion of unearned revenue would result in which of the following?
a. Net income being understated b. No effect on total liabilities c. Stockholders' equity being overstated d. Total assets being understated
According to your text, sales managers rate which of the following skills as the single most important attribute they look for when hiring relationship salespeople?
A) presentation skills B) technical skills C) listening skills D) questioning skills E) time management skills
Which of the following is true about the concentrated marketing strategy?
A) Companies that rely on a few segments for all of their business will suffer if a segment turns sour. B) Concentrated marketing is not profitable for most firms. C) Niche marketing involves few risks for most firms. D) Concentrated marketing involves going after a small share of a large market. E) The Internet has limited the use and benefits of niche marketing.
Company D has a 50% debt ratio, whereas Company E has no debt financing. The two companies have the same level of sales and the same degree of operating leverage. Which of the following statements is most CORRECT?
A. If sales increase 10% for both companies, then Company D will have a larger percentage increase in its net income. B. If sales increase 10% for both companies, then Company D will have a larger percentage increase in its operating income (EBIT). C. If EBIT increases 10% for both companies, then Company D's net income will rise by more than 10%, while Company E's net income will rise by less than 10%. D. Company E has a higher degree of financial leverage. E. The two companies have the same degree of total leverage.