Which of the following statements is CORRECT?
A. Actions that increase reported net income will always increase cash flow.
B. One way to increase EVA is to generate the same level of operating income but with less total invested capital.
C. One drawback of EVA as a performance measure is that it mistakenly assumes that equity capital is free.
D. One way to increase EVA is to achieve the same level of operating income but with more total invested capital obtained at a higher cost of capital.
E. If a firm reports positive net income, its EVA must also be positive.
Answer: B
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Social media channels encourage spur-of-the-moment, "stream-of-consciousness" communication.
Answer the following statement true (T) or false (F)
Pop singer Rebecca Black used ________ to post her video "Friday," which went viral and earned her many fans. She now has her own channel on the same platform.
A. Twitter B. LinkedIn C. Facebook D. YouTube E. Pinterest
Unions that use the ____________________ model view unions as institutions of active worker participation, empowerment, and mobilization.
Fill in the blank(s) with the appropriate word(s).
What is the function of a channel sales representative?
A. to promote the firm and encourage demand for its products B. to create customized solutions for customers C. to process customer-initiated orders D. to secure new distribution intermediaries E. to handle all aspects of delivery