A form of fraud in which the payments made by one customer are systematically applied to the account of another is called:
a. lapping
b. malfeasance
c. pre-posting
d. knitting
A
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Morrill Motors splits the United States of America into 10 sales regions. Within each of those regions, the company has separate sales personnel selling the company's full line of products. Morrill Motors uses a ________ sales force structure
A) territorial B) complex C) customer D) product E) market
Answer the following statements true (T) or false (F)
1. Now, in the Communication Age, there are fewer stories than ever before. 2. Thorough audience analysis can help you achieve narrative fidelity. 3. Walter Fisher argues that stories or narratives are how we build communities and relationships and create our lives. 4. Providing information by location or physical relationship requires a topical pattern of organization. 5. It is unnecessary to use the words cause and effect in a presentation that follows a cause-and-effect organizational pattern because your argument is implied through your discussion of the issue.
In most cases, a prospect is ready to buy in the ________ stage of the mental buying process.
A. interest B. attention C. desire D. action E. conviction
At the beginning of the year Giant Inc.'s management is considering making an offer to buy Micro Corporation. Micro's projected operating income (EBIT) for the current year is $31.0 million, but Giant believes that if the two firms were merged, it could consolidate some operations, reduce Micro's expenses, and raise its EBIT to $37.0 million. Neither company uses any debt, and they both pay income taxes at a 35% rate. Giant has a better reputation among investors, who regard it as very well managed and not very risky, so its stock has a P/E ratio of 13 versus a P/E of 9 for Micro. Since Giant's management would be running the entire enterprise after a merger, investors would value the resulting corporation based on Giant's P/E. If Micro has 10 million shares outstanding, by how much
should the merger increase its share price, assuming all of the synergy will go to its stockholders? Do not round your intermediate calculations. A. $15.10 B. $11.16 C. $16.41 D. $13.79 E. $13.13