How do managers benefit from conducting a SWOT analysis?
What will be an ideal response?
A SWOT analysis allows managers to evaluate a firm's current situation and future prospects by simultaneously considering internal and external factors. The SWOT analysis encourages managers to scan the internal and external environments, looking for any relevant factors that might affect the firm's current or future competitive advantage. The focus is on internal and external factors that can affect-in a positive or negative way-the firm's ability to gain and sustain a competitive advantage.
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Meetingthink results from
a. poorly run meetings. b. false empowerment. c. overload. d. all of the above
Curtain Corp stands to receive a sufficient cash settlement from a law suit. Curtain needs to record this on its accounting records
a. True b. False Indicate whether the statement is true or false
West Corporation purchased 15,000 shares of Luffy Corporation common stock for $60 per share on January 2, 2009 . Luffy Corporation reported net income of $1,500,000 for 2009 and paid dividends of $300,000 during 2009 . Luffy has a total of 50,000 shares of common stock outstanding. The entry that would be recorded to recognize the receipt of cash dividend is:
a. Cash 90,000 Dividend Income 90,000 b. Income,Luffy Corporation Investment 90,000 Cash 90,000 c. Cash 90,000 Income,Luffy Corporation Investment 90,000 d. Cash 90,000 Investment in Luffy Corporation 90,000
Which of the following is true of the management of a general partnership?
A) The number of votes a general partner has depends on the proportion of his or her capital investment. B) Partnership matters are decided by unanimous agreement only. C) Only general partners in the board of directors have the authority to participate in the management. D) If the vote is tied, the action being voted on is considered to be defeated.