Wild Side is an adventure firm based in Wyoming. The firm organizes outdoor excursions,
bungee jumping, cliff-diving, and other adventure packages for both individuals and
corporates.
The firm has been in robust financial health and plans to expand further to cater to
the rising demand for newer adventure services, such as skydiving, rock-climbing, etc. At the
end of the latest financial year, the company endorsed the following objective: "Increase sales of
new adventure packages, such as rafting and skydiving (where new services are defined as
those introduced within the past 2 years), from 20% of total revenue to 25%." Why would this
objective fail to meet the S.M.A.R.T objective framework?
A) It is not achievable and does not leverage existing skill sets of its employees.
B) It is not specific enough and does not clearly mentions what it intends to achieve.
C) It does not indicate a specific time of completion of the objective.
D) It does not specify a practical measure of the degree to which the objective is achieved.
C
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Which of the following illustrates the correct way of writing the complimentary closing of a letter using standard punctuation?
A. cordially, B. Cordially yours C. CORDIALLY D. Cordially yours,
Answer the following statements true (T) or false (F)
1. In community property states, income is generally taxed to the spouse who earned it. 2. FALSE Explanation: In community property states, the income from the personal efforts of either spouse is considered to belong equally to the spouses. 3. If a taxpayer's method of accounting does not clearly reflect income, the IRS may specify a different accounting method which must be used by the taxpayer. 4. A consulting firm, organized as partnership and owned by 20 individual partners, reports about $40 million of gross receipts per year. The partnership must use the accrual method. 5. The cash receipts and disbursements method of accounting is used by most individual taxpayers and most noncorporate businesses that do not have inventories.
Political scientist Samuel Huntington predicts that there will be a more harmonious world dominated by a universal civilization characterized by democratic regimes and free market capitalism.
a. true b. false
_________ a statement of the beliefs typically held by managers in a Corporation.
Fill in the blank(s) with the appropriate word(s).