Celeste is the manager of Classy Clutches, a store that sells designer purses. Celeste knows that the economy greatly affects her business. Therefore, she is developing alternative courses of action for each of the four possible economic outcomes that may occur over the next four to six years. In this scenario, Celeste is

A. generating contingency plans.
B. making a programmed decision.
C. following the garbage can model.
D. engaging in satisficing.
E. implementing a decision.


Answer: A

Business

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The benefits of a single set of accounting standards used around the world would include all of the following except:

a. They would eventually save companies considerable money in accounting fees. b. They would prevent competitors from acquiring each other. c. They would allow easier comparisons by analysts and investors. d. They would facilitate access to foreign capital markets.

Business

Of a company's employees, 50 percent typically qualify to receive two weeks' paid vacation a year in 50 working weeks. The entry to record the amount of estimated liability for vacation pay for a week in which the total payroll is $2,900

a. Estimated Liability for Vacation Pay 116 Cash 116 b. Vacation Pay Expense 232 Cash 232 c. Vacation Pay Expense 58 Estimated Liability for Vacation Pay 58 d. Cash 29 Estimated Liability for Vacation Pay 29

Business

Fence Patrol has developed an entirely new mounting system for chain link fences. Although they are a local company, through the acquisition of a distributor they now have the ability to market their products nationwide

Fence Patrol will most likely use a ________ strategy. A) market penetration B) market development C) diversification D) divesting E) product development

Business

As you know its often a good idea to check the internet for retail job openings

What will be an ideal response?

Business