When communicating bad news to an employee, you should
A) Write an e-mail. B) Have a face-to-face meeting. C) First consider which channel is most appropriate. D) Write a memo.
C
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According to the creative process outlined by Graham Wallas, which of the following stages deals with gathering background information needed to solve the problem through research and study?
A. illumination B. preparation C. verification D. incubation E. dramatization
Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?
A. 6.39% B. 6.72% C. 7.08% D. 7.45% E. 7.82%
A salesperson gains wisdom by trusting others and learning from mistakes.
Answer the following statement true (T) or false (F)
Hardcastle Ltd. had sales of $3,600,000 and net operating income of $900,000. Operating assets during the year averaged $1,500,000. The manager of Hardcastle is considering the purchase of a new machine which is expected to increase average operating assets by 20%. If the new machine is purchased, the company's new return on investment (ROI) would be:
A) 190.5% B) 60.0% C) 200.0% D) 50.0%