Managers satisfied with their current market share and profits sometimes adopt what can be thought of as "don't-rock-the-pricing-boat objectives." These are also referred to as
A. market share maximization objectives.
B. target return objectives.
C. status quo objectives.
D. profit maximization objectives.
E. sales-oriented objectives.
Answer: C
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Samos, Inc purchased certain plant assets under a deferred payment contract. The agreement was to pay $75,000 at year-end for each of the next three years. The plant assets should be valued at
A) present value of a $75,000 annuity for three years discounted at the bank prime interest rate. B) $225,000. C) present value of a $75,000 annuity for three years discounted at the market interest rate. D) $225,000 plus imputed interest.
________ is a method to adjust for nonresponse by assigning the characteristic of interest to the nonrespondents based on the similarity of the variables available for both nonrespondents and respondents
A) Weighting B) Trend analysis C) Subjective estimates D) Imputation
Why can deontology be problematic for a business?
a. Compulsive or consistent honesty is not conducive to good management. b. Respecting every stakeholder or customer equally is likely not sound business practice. c. Constantly seeking the welfare of the poorest members of society is at odds with seeking a company’s profits. d. Seeking the benefit of the majority can be detrimental to some key stakeholders in the minority.
Bravada Enterprises Transactions for Bravada Enterprises are provided below. Sept. 1 Bills are sent to clients for services provided in August for the amount of $2,200. Sept. 9 Barlue Furnishings delivers $1,500 of office furniture and $500 of office supplies to Bravada, leaving an invoice for $2,000. Sept. 15 Payment is made to Barlue for the office furniture and supplies delivered on September
9. Sept. 23 A $630 bill for advertising for the month of September is received. It will be paid on its due date in October. Sept. 30 Salaries of $450 are paid to employees. Refer to the transactions that occurred at Bravada Enterprises. The journal entry to record the September 15th transaction will include a debit of $2,000 to: A) Salaries expense. B) Salaries payable. C) Prepaid expenses. D) Accounts payable.