If a firm is planning an expansion or changes in how it manages its inventory, long term financial planning can help determine the impact on the firm's ________

A) debt financing
B) capital investment
C) free cash flows
D) all of the above


Answer: D

Business

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A(n) ________ is a storeless retailer serving a specific clientele–usually employees of large organizations–who are authorized to buy from a list of retailers that have agreed to give discounts in return for inclusion on the list

A) direct-selling vendor B) direct marketing vendor C) buying service D) automatic vendor E) corporate retailer

Business

This question has two parts; be sure to answer both. First, explain at least one of Mary Parker Follett's ideas on how organizations should become more democratic. Next, suppose you work at an advertising agency as an account manager. You are responsible for keeping your clients (the advertisers) happy, but you do not do the creative work of designing the ads. Explain how you might manage a conflict with one of your most talented ad designers, who does not agree with the client's ideas and does not want to implement them.

What will be an ideal response?

Business

With a substantive audit strategy, what is an auditor likely to do?

a. Extensively tests internal controls. b. Limit the testing of internal controls. c. Not assess control risks. d. Issue an adverse opinion on the financial statements.

Business

The marketing manager of Refresh Inc., a leading producer of soft drinks, is considering a differentiated marketing strategy. An important consideration is weighing increased sales against ________ before selecting this strategy

A) decreased production B) increased demand C) increased costs D) decreased prices E) increased profits

Business