RAM stands for:
a. Resource Accountability Matrix
b. Responsibility Assignment Matrix
c. Responsible, Accountable, Consult and Inform
d. Resource Assignment Matrix
Answer: B. Responsibility Assignment Matrix
You might also like to view...
Consumers make approximately 60% of all purchase decisions in the retail store.
Indicate whether the statement is true or false.
Which of the following is a possible trap of a price-cutting strategy?
A) Low prices usually achieve increases in both market share and market loyalty when customers switch. B) The company might need additional business because it has excess plant capacity. C) The company can initiate price cuts to dominate the market through lower costs. D) Consumers might not demand price concessions in the future. E) Competitors that match low prices might have longer staying power because of deep cash reserves.
Answer the following statements true (T) or false (F)
SFAS No. 95 requires that all non-cash investing and financing transactions be reported in the body of the cash flow statement.
A salesperson you supervise is having trouble providing evidence for statements in a persuasive email message that invites customers to try out a new anti-spam software program. What advice would you give her?