Many types of socially responsible actions can be consistent with a firm's long-term profit resulting in some degree of _____ being earned by such behavior.
A. money
B. respect
C. goodwill
D. management expertise
Answer: C
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Sparky's forecasts that sales will grow by 25% in 2013 and that its cost of goods sold to sales ratio will be the same in 2013 as it was in 2012 . If these assumptions prove correct and Sparky's inventory turnover ratio for 2013 is 4.5 what will be the level of inventory at the end of 2013?
a. $31,353 b. $26,475 c. $40,000 d. $42,314
When your department head Ms. Westlake arranges chairs informally in a circle during a meeting, what kind of message is she sending?
A) A nonverbal message that she is encouraging an open, egalitarian exchange of ideas B) A nonverbal message that she prefers to be separated from others C) A nonverbal and verbal message regarding her aloofness and preference for restricted communication D) A verbal message that she is wary of visitors and indifferent to communication
One of the reasons for a brand extension is the speedy acceptance of a new product.
a. True b. False
The equity investor's risk is ________ that of the debt lender.
A. much lower than B. lower than C. the same as D. higher than