Lately the demand for building materials has dropped due to the slowdown in new housing construction. Woods Corp. is thinking of closing its fine wood division that produces mahogany and cherry lumber for building cabinets and other applications. Under the Boston Consulting Group Growth-Share Matrix, the fine wood division would most likely be classified as a ________.
A. top gun
B. star
C. problem child
D. dog
E. cash cow
Answer: D
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A 60-day, 12% note for $10,000, dated May 1, is received from a customer on account. If the note is discounted on May 21 at 15%, the proceeds are
A) $170 B) $9,830 C) $10,000 D) $10,030
Bootstrapping does not:
A. Show commitment to future investors B. Require equity give-up C. Create positive pressure on entrepreneurs to succeed D. Force entrepreneurs to push products to market early on
When women experience multiple gender-based threats, they are likely to respond with ______.
A. self-efficacy B. stereotype-countering behaviors C. reactance D. deleterious vulnerability
Rea, an officer with Sel-Mart Company, misappropriates the firm's property through fraud. Later, Rea and Sel-Mart agree to a mutual release of claims. Still later, Sel-Mart discovers Rea's fraud and files a suit to recover the misappropriated property. Most likely, the court will rule that Rea
A. breached her duty of loyalty by failing to disclose her misconduct. B. is not liable due to Rea's duty to act in her own self-interest. C. is not liable due to Sel-Mart's failure to timely discover the fraud. D. is not liable due to the mutual release of claims.