Which of the following provides a framework for understanding diverse businesses and helps managers establish priorities for allocating resources?
A. a differentiation strategy
B. vertical integration
C. a corporate portfolio matrix
D. a strategic business unit
Answer: C
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Output devices that capture printed images or documents and convert them into electronic digital signals that can be stored in computer media are called scanners
Indicate whether the statement is true or false
Hardhat Machine Company sold goods to Irish Eyes Company of Northern Ireland. Big Bank issued a letter of credit on behalf of Irish Eyes and the letter was given to Hardhat. The documents required by the letter of credit are presented to the bank for payment while the goods are still in transit. Is Hardhat entitled to be paid?
a. No, payment is not due until the goods are delivered. b. No, payment is not due until 30 days after delivery. c. No, payment is not due until the buyer has had a reasonable time to inspect the goods. d. Yes, the letter of credit is a promise by the bank to pay when certain documents are presented.
Country Bank, located in Indiana, loaned Chmelik $5,000 and obtained a security interest in a copyright Chmelik owns. Chmelik lives in Illinois, but works in Indiana. In order to perfect its interest, Country Bank files a financing statement in Indiana. The financing statement provides Chmelik's correct name, his business address, and a reasonable description of the copyright used as collateral
Is the financing statement sufficient? a. Yes, it meets the UCC requirements for contents and filing. b. No, if the debtor is an individual, the secured party must file in the state of the debtor's principal residence, which in this case would be Illinois. c. No, the contents of the financing statement are incomplete. d. Both b and c are correct.
For a zero-growth firm, it is possible to increase the percentage of sales that are made on credit and still keep accounts receivable at their current level, provided the firm can shorten the length of its collection period sufficiently.
Answer the following statement true (T) or false (F)