Animation has become increasingly popular and is now used in business-to-business ads in addition to consumer ads
Indicate whether the statement is true or false
TRUE
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“Converting plans to action by establishing schedules and standards” is which of the following management functions?
a. Guidance b. Managing materials c. Supervision d. Monitoring
All of the following are the basic ideas included in the definition of the marketing concept EXCEPT
A. total company effort. B. making whatever products are easy to produce and then trying to sell them. C. profit, or another measure of long-term success, as an objective. D. giving customers what they need. E. customer satisfaction.
Customer A has $250 in his account. Six checks, totaling $325, have come in for payment. One check is for $257.00, with the remaining five checks making up the difference to the $325 total. First Bank pays the five smallest checks first, honors the $257.00 with overdraft protection, and charges the customer one overdraft fee. Second Third Bank pays the largest ($257) check first, pays the five
remaining smaller checks with overdraft protection, and then charges the customer five overdraft fees. Which of the following is correct? a. If this type of charge is legal; it is ethical. b. This type of charge is an example of taking unfair advantage. c. This type of charge is a conflict of interest. d. This type of charge is not an ethical issue.
Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $281,656, would have a useful life of 7 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $76,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes.):See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.
A. 21% B. 16% C. 19% D. 18%