Long-range planning involves
a. planning the marketing and promotion for a product
b. presenting department heads with budgetary goals for the next year
c. preparing a work force utilization budget for the next quarter
d. deciding the optimum size of the firm
D
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Which of the following types of system enables management to make better decisions regarding organizing and scheduling sourcing, production, and distribution?
A) SCM B) TPS C) KMS D) ERP E) MIS
Embellishment or exaggeration is justified when needed for persuasive sales messages
Indicate whether the statement is true or false
In order to fit well with the existing team, a hiring manager needs to find a candidate who is agreeable. That means the manager is looking for someone who is
A. sociable, active, and excitable. B. amiable, generous, cooperative, and flexible. C. secure, independent, and autonomous. D. dependable and organized.
McDaniel Corporation had net income for 2016 of $75,000
McDaniel had 6,000 shares of common stock outstanding at the beginning of the year and 22,000 shares of common stock outstanding at the end of the year. There were 8,000 shares of preferred stock outstanding all year. During 2016, McDaniel declared and paid preferred dividends of $26,000. On December 31, 2106, the market price of McDaniel's common stock is $45 per share and the market price of its preferred stock is $73 per share. What is McDaniel's price/earnings ratio? (Round the answer to two decimal places.) A) 12.86 B) 20.86 C) 13.20 D) 13.63