The term "issuer"
A. is not used in relation to commercial paper.
B. is an all-purpose term that means both maker and drawer.
C. is synonymous with drawee.
D. is used in relation to commercial paper only to indicate the bank which creates a certificate of deposit.
Answer: B
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Employees with a(n) ______ locus of control will probably resist close managerial supervision and should probably be placed in jobs requiring high initiative and lower compliance.
A. high B. low C. external D. absent E. internal
Answer the following statements true (T) or false (F)
1. In the planning/control cycle, managers take corrective action by correcting deviations in the plan being carried out or by improving future plans. 2. Mr. Smith, CEO of an auto dealership, has been working on the two planning steps of the planning/control cycle with his managers. To do this, Mr. Smith and his managers need to make their plan and then carry out the plan. 3. Donna's Restaurant is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegetarian dishes, (menu items that no other restaurant in the area offers). Donna's Restaurant is engaging in strategic positioning by offering the unique menu items of vegan and vegetarian dishes. 4. A and B Office Supply, a small family-owned company, sells high-priced desks, some as expensive as $10,000, to executives in its area. Very few companies have chosen to market this product, and A and B has enjoyed record profits over the last 25 years. A and B Office Supply is an example of a company that would typically not choose to utilize strategic planning.
List and describe at least four organizational plans that are commonly used for presentations
Ethnic markets are becoming more important to marketers because
A. they make a clear segment with similar backgrounds and common language, religion, and culture. B. the birthrate of Asian Americans, African Americans, and Hispanics is lower than that of whites. C. the number of ethnic consumers is growing at a much faster rate than the overall society. D. the median age of Asian Americans, African Americans, and Hispanics is much higher than that of whites. E. the buying power of ethnic submarkets has been decreasing.