The control process includes which step?
a. deciding how to do the job
b. measuring actual performance
c. organizing raw resources
d. applying democratic leadership
e. motivating customers to purchase
b. measuring actual performance
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Changing an image is most necessary:
A) every few years to meet changing consumers B) when sales begin to decline C) when target markets shrink or disappear or a firm's image no longer matches industry trends and consumer expectations D) when a competitor enters the market with a product that is viewed as being superior
Consumer behavior involves the shopping process itself
Indicate whether the statement is true or false
One of the characteristics of a fair value measurement is that the measurement does embody a minimum probability for recognition
Indicate whether the statement is true or false
Hardwig Inc. Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales are expected to total $3,600,000, its fixed assets turnover ratio equals 4.0, and its debt and common equity are each 50% of total assets. EBIT is $150,000, the interest rate on the firm's debt is 10%, and thetax rate is 25%. If thecompanyfollows a restricted policy, its total assets turnover will be 2.5. Under a relaxed policy its total assets turnover will be 2.2. Refer to the data for Hardwig, Inc. What's the difference in the projected ROEs under the restricted and relaxed policies?
A. 1.50% B. 1.88% C. 2.25% D. 2.70% E. 3.24%