Which of the following is a back-office module in a typical ERP system?
A) customer service
B) sales
C) marketing
D) human resources
D
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The negotiation training stresses that sales representatives should avoid making price the focal point of the presentation. This requires the sales representatives to refocus on:
A) positioning the product on quality instead of price B) using the postponement method when asked about price C) timing the presentation to mention price last instead of first D) using the pricing sheet to create tiers of discounts E) targeting sales to buyers with less money
Marge wishes to raise some money to begin mass producing her prize-winning jellies and jams. She offers her neighbors a portion of her profits if they will put up $2,000 each towards her endeavor. Is their investment a "security"?
a. Yes, since Marge will do all the work. b. Yes, because her neighbors will have a security interest in the jelly. c. No, since the neighbors are putting no effort into it. d. No, because Marge is not issuing stock certificates.
The probability that the desired return on an investment will be different from the desired return
is defined as A) open market operations. B) discount rate. C) reserve requirements ratio. D) risk. E) unable to tell with the information provided.
Which of the following statements is CORRECT?
A. The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR. B. The NPV method assumes that cash flows will be reinvested at the risk-free rate, while the IRR method assumes reinvestment at the IRR. C. The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the risk-free rate. D. The NPV method does not consider all relevant cash flows, particularly cash flows beyond the payback period. E. The IRR method does not consider all relevant cash flows, particularly cash flows beyond the payback period.