Which of the following is the first step in a formal planning process?
A. monitor and control
B. situational analysis
C. alternative goals and plans
D. goal and plan evaluation
E. implementation
Answer: B
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A product ________ is a group of products linked through usage, customer profile, price points, and distribution channels.
A. core B. mix C. form D. line E. cycle
Greene Partnership had average annual gross receipts for the past three years of $24.8 million and never has reported average annual gross receipts above $25 million. One of the partners is Jackson, Inc., a C corporation. Because Greene meets the average annual gross receipts test, it may use the cash method of accounting even though it has a partner that is a C corporation.
Answer the following statement true (T) or false (F)
Westcoast Publishers paid a dividend of $0.80 per share last year. If yesterday's closing price was $23.25, what is the current yield on the stock? (Round to nearest tenth of a percent)
A meeting should be called when
A. one person could handle the matter without needing input. B. you have already made the decision. C. most team members would consider the matter to be important. D. a memo or e-mail would suffice.