Lower-level managers are responsible for ________ strategies.
A. functional
B. stability
C. corporate
D. growth
Answer: A
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Flite-Craft Corporation makes and sells aircraft parts. In most states, the minimum number of directors that must be present before Flite-Craft's board could transact its business is
A. all of the directors authorized in the articles or bylaws. B. a majority of the number authorized in the articles or bylaws. C. any odd number. D. one.
Gaven Griffith of Griffith's department stores tells his marketing director that he is tired of the constant price-centered advertising by the firm's agency. "We have the best customer service in town, and I feel that is what we should be hanging our hats on," he states. This statement is most appropriate for use in which of the following stages of campaign development?
A. Determining the appropriations B. Creating the platform C. Identifying the target D. Defining objectives E. Developing the media plan
When considering the best channel to use, all of the following are true with regard to larger firms except they
A. can use an extensive product mix as a competitive tool. B. may be better able to negotiate better deals with vendors or other channel members. C. may have more distribution centers. D. may have the resources to develop their own sales force. E. may be better suited to serve customers in a particular region.
The following items appeared on the financial statements of Monroe, Inc. on December 31, Year 1:Common stock, $100 par, 80,000 shares authorized, 20,000 shares issued and outstanding$2,000,000Retained earnings1,370,000On September 10, Year 2, when the market value of the Monroe stock was $140 the company declared and distributed an 8% stock dividend. Indicate whether each of the following statements is true or false._____ a) Retained earnings increases by $224,000 as a result of the stock dividend._____ b) The balance in the common stock account increases by $64,000 as a result of the stock dividend._____ c) Total paid-in capital will be $2,224,000 after the stock dividend had been distributed._____ d) Total stockholders' equity is not affected by the dividend._____ e) Cash flows from
financing activities increases by $224,000 as a result of the stock dividend. What will be an ideal response?