Which of the following best describes the internal rate of return?
A) interest rate that makes the net present value of the investment equal to zero
B) discount rate that is used to evaluate funds borrowed from a lender for profitability
C) the ratio of average annual income to average amount invested
D) the rate at which the profitability of an investment increases
A) interest rate that makes the net present value of the investment equal to zero
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Susan had been working as an executive assistant to the president for nearly 20 years, so when she retired no one had a good idea of all that her job entailed. Before she left, Ben sat with her for two weeks to observe her duties and ask her the details of all functions. Ben was performing a
A. behavioral-description interview. B. performance appraisal. C. informal appraisal. D. job analysis. E. job rotation.
Describe the management by objectives (MBO) approach and explain how it overcomes the limitations of results-based reviews.
What will be an ideal response?
Which of the following is a characteristic of a marketing objective?
A. It is consistent with both business-unit and corporate strategy. B. It is a verbal agreement, not in writing. C. It is not written in measurable terms. D. It does not specify a time frame for its accomplishment. E. It clearly identifies how marketing strategy will be implemented.
Beachside City enacts an ordinance that bans the distribution of all printed materials on city streets. Carl opposes the city's latest "revenue-enhancing" measure and wants to protest by distributing handbills. In his suit against the city, a court would likely hold the printed-materials ban to be
a. an unconstitutional restriction of speech. b. constitutional under the First Amendment. c. justified by the need to protect individual rights. d. necessary to protect national interests.