________ is a contemporary approach to management that focuses on the use of rigorous quantitative techniques to assist managers to make the best use of organizational resources to produce goods and services.
A. Management science theory
B. Administrative management
C. Contingency theory
D. The human relations movement
E. Behavioral management
Answer: A
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Which of the following statements regarding a lock-box system is incorrect?
A) Customers send their checks directly to a post office box that belongs to the company. B) Internal control is tight because company personnel never touch incoming cash. C) A bank employee empties the box daily and records the deposits into the company's bank account. D) Cash is put into the company's bank account quickly.
How can an employer reduce its liability in sexual harassment complaints?
A. Monitoring the social environment of employees B. Requiring thorough background checks C. Encouraging cross-cultural training exercises D. Implementing effective internal grievance procedures E. Utilizing effective recruitment and selection practices
If markets are in equilibrium, which of the following conditions will exist?
A. Each stock's expected return should equal its required return as seen by the marginal investor. B. All stocks should have the same expected return as seen by the marginal investor. C. The expected and required returns on stocks and bonds should be equal. D. All stocks should have the same realized return during the coming year. E. Each stock's expected return should equal its realized return as seen by the marginal investor.
One method for determining an appropriate P/E ratio is to use the company's
A) expected EPS growth rate. B) current dividend yield. C) book value per share. D) market value per share.