A company's business model
A. is management's blueprint for how it will generate revenues sufficient to cover costs and yield an attractive profit.
B. concerns how management plans to pursue strategic objectives, given the larger imperative of meeting or beating its financial performance targets.
C. concerns the actions and business approaches that will be used to grow the business, conduct operations, and stake a competitor's market position.
D. deals with how it can simultaneously maximize profits and operate in a socially responsible manner that keeps its prices as low as possible.
E. concerns what combination of moves in the marketplace it plans to make to outcompete rivals.
Answer: A
You might also like to view...
Data mining typically focuses on the operational databases
Indicate whether the statement is true or false
A restriction/appropriation of retained earnings establishes cash assets that are set aside for a specific purpose
Indicate whether the statement is true or false
Manhattan Company recorded an adjusting entry to accrue interest owed of $700 as of December 31, Year 1. When the related note was paid during Year 2, the company paid $1250 in interest. Which of the following journal entries correctly records this Year 2 transaction? (Assume that the entry to record the payment of the note itself was recorded in a separate journal entry.)
A.
| Interest Expense | 550? | |
| Interest Payable | 700? | |
| Cash | 1250? |
B.
| Interest Expense | 1250? | |
| Cash | 1250? |
C.
| Interest Expense | 550? | |
| Cash | 550? |
D.
| Interest Expense | 1250? | |
| Cash | 700? | |
| Interest Payable | 550? |
Which of the following, if true, most strongly supports recommending a redesigned orientation program as a cost-effective solution?
A) Orientation needs to be done only once in an employee's tenure at the firm. B) As orientation is delivered only to individual workers, it is more costly than training the whole workforce. C) Peers can help deliver this form of training, avoiding the need for a professional orientation manager at each location. D) Orientation does not cost the company as much money as do recruiting and screening new applicants. E) In the past five years, most employees who left Mini-Glee did so within the first six months after being hired.