For an organization focused on profit, define two commonly used financial measures and explain what they indicate about performance.
What will be an ideal response?
Return on investment is one profit ratio that divides net profit before taxes by total assets. Operating margin is another profit ratio that divides total operating profit by sales revenues. Both measures indicate how efficiently a company is using resources to make and sell product.
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Which of the following statements is true regarding the growth stage of the product life cycle?
A) The growth rate and the size of the market are low. B) The market growth becomes flat. C) Usually, competition is most intense in this phase. D) The rate of growth begins to decrease in this stage.
Which of the following questions should be avoided during a job interview?
a. Can you tell me your birth date? b. If the opportunities in your previous assignment were good, why did you leave it? c. Can you relate an instance in which you resolved a conflict with a co-worker? d. What motivates you at work?
One of the main parts of an annual report of a publicly held corporation is the five- to ten-year projection
Indicate whether the statement is true or false
The Charbonneau Company of Restigouche, New Brunswick – created and fun by Luc Charbonneau – manufactures a fine hockey stick called "The Charbonneau"
Although it is known to hockey aficionados across North America and even in Europe, at the present time Luc sells it only in New Brunswick and Quebec. Luc's cousin, Emile Charbonneau, opens a plant in Winnipeg and begins marking a virtually identical hockey stick which he plans to sell only in Western Canada. He calls it "The Charbonneau". Luc has never registered his name as a trade mark. Can he now prevent Emile from using the name Charbonneau for his hockey sticks? A) No. This may be passing off, but Emile is selling his goods in a different market than Luc. B) Yes. Even though Luc has not registered his trade mark, it is known in Canada and cannot be infringed anywhere else in the country. C) No. Luc has no proprietary right in his name. D) No. The public in Western Canada would not be confused. E) Yes. This is a violation of the federal Trade-marks Act.