A fast-food chain is redesigning its restaurants. One of the main questions faced by the chain's management is, "Should the new restaurant design include a salad bar?" A researcher in the company finds that salad bars are costly to maintain and are not a major attraction for consumers. Based on this information, management decides that it will not have a salad bar as part of the new restaurant design. Which of the following points is illustrated by this situation?
A. Secondary data from sources outside the company are always better than secondary data from sources inside the company.
B. Collecting primary data is always necessary in order to make good decisions.
C. Situation analysis sometimes eliminates the need for conducting further research in a problem area.
D. Secondary data from private sources are always better than secondary data from government sources.
E. Situation analysis is very costly in terms of both time and money.
Answer: C
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Blake and Ryan each invest $30,000 in a business and are given shares of stock in Jones Industries as evidence of their ownership interests. For this transaction, identify the effect on the accounting equation
a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. Liabilities decrease and assets decrease.
Which path-goal leadership style is most appropriate when subordinates want authoritarian leadership, have an external locus of control, and low ability?
a. directive b. achievement-oriented c. participative d. supportive
To communicate the message in a sales presentation, the first step is to set goals and objectives.
Answer the following statement true (T) or false (F)
A(n) ____ sentence is often used to emphasize a single idea
A) passive-voice B) compound C) complex D) simple E) active-voice