Careful monitoring of an organization's internal and external environment to detect early signs of opportunities and threats that may influence the firm's plans is called
A. competitive intelligence.
B. forecasting.
C. contingency planning.
D. trend analysis.
E. environmental scanning.
E. environmental scanning.
Environmental scanning is careful monitoring of an organization's internal and external environments to detect early signs of opportunities and threats that may influence the firm's plans.
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Which of the following statements is true of lighting when creating an appealing store atmosphere?
A. Focusing lights on the store's architecture strategically draws customers through the store. B. A store's lighting generally does not have an impact on customers. C. It captures a mood or feeling that enhances the store's image. D. Good lighting is limited to illumination of a store's space. E. All of these.
Which of the following is an issue that must be addressed in the internal controls for e- commerce?
A) burglar alarms B) tone at the top C) phishing expeditions D) need for outside auditors
Zeke wishes to earn $5100 of operating profit each month. Calculate the amount of sales revenue required to achieve the target profit. (Round your answer to the nearest dollar.)
Zeke was a professional classical guitar player until a motorcycle accident left him disabled. After long
months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish
guitars. The guitars sell for $800, and the fixed monthly operating costs are as follows:
Zeke's accountant told him about contribution margin ratios, and Zeke understood clearly that for every
dollar of sales, $0.75 went to cover his fixed costs, and anything above that point was profit.
A) $4639
B) $13,916
C) $11,439
D) $34,316
Upon review of Bert's statement of cash flows, the following was noted: Cash flows from operating activities $ 60,000 Cash flows from investing activities (125,000) Cash flows from financing activities 115,000 From this information, the most likely explanation is that Bert is:
A) using cash from operations and selling long-term assets to pay back debt. B) using cash from operations and borrowings to purchase long-term assets. C) using its profits to pay back debt. D) using cash from investors to provide for operations.