After setting goals, managers should next
A. prepare an action plan for accomplishing the goals.
B. propose changes to the goals of same-level managers to bring all into alignment.
C. supervise subordinates closely.
D. report failure to meet goals to superiors.
E. begin the planning process anew.
A. prepare an action plan for accomplishing the goals.
The goal should be followed by an action plan, which defines the course of action needed to achieve the stated goal, such as a marketing plan or sales plan.
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Debit entries are used to
a. increase asset accounts. b. decrease expense accounts. c. increase liability accounts. d. increase revenue accounts.
Exhibit 14-13 Yoho Corp issued $500,000 of its ten-year 6% bonds at 104. Each $1,000 bond carries ten warrants. Each warrant allows the holder to purchase one share of $10 par common stock for $50. Following the sale, relevant market values were: Bonds $980 (ex rights) Warrants $14 each Common stock $60 each ? Refer to Exhibit 14-13. The entry to record the exercise of 1,500 warrants would
include a A) debit to Cash for $15,000. B) debit to Common Stock for $15,000. C) credit to Additional Paid-in Capital on Common Stock for $79,500. D) debit to Common Stock Warrants for $15,000.
Regarding international marketing research, which of the following statements is (are) true?
A) Only one pretest is recommended in cross-national studies. B) Demographics questions can be used without modification in cross-national studies. C) Structured questions minimize the risk of cultural bias but are more sensitive to differences in educational levels. D) Personal interviewing is the dominant survey method. E) C and D
In a period of rising prices, the use of which of the following cost flow methods would result in the highest tax liability?
a. LIFO b. FIFO c. Weighted average cost d. Moving average cost