Which of the following is a component of the strategic management process?
A. strategic maneuvering
B. strategy implementation
C. emotional intelligence
D. cost competitiveness
E. conceptualization
Answer: B
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________ involves the use of a successful brand name for new or modified products in a new category
A) A line extension B) A product line C) A brand extension D) Co-branding E) Cannibalization
Outlook Department Store's accounts receivable balance after posting net collections from customers for 2012 is $180,000. The customers took advantage of sales discounts of $15,000. Management aged the accounts receivable and estimate for uncollected account percentages as follows: $90,000 Current at 2% $50,000 1-30 days past due at 5% $30,000 31-60 days past due at 10% $10,000 60+ days past due
at 25% The net realizable value of the accounts receivable is: A) $173,200. B) $170,200. C) $172,700. D) $180,000.
Which of the following statements regarding linear programming is BEST?
A) A parameter is also known as a decision variable. B) Linearity assumes proportionality and additivity. C) Since nonnegativity is required, parameters must be greater than or equal to zero. D) Linear programming ensures the decision maker will reach a single, optimal solution.
From a financial manager's perspective, the time value of money reflects the fact that:
A. a dollar received today is worth more than a dollar received in the future. B. a dollar received today is worth less than a dollar received in the future. C. cash flows are likely to be positive at the start of a long-term investment project. D. cash flows are likely to be negative at the end of a long-term investment project.