Differentiate between operating and strategic decisions. Suggest three examples of each type of decision from the viewpoint of a food processor.

What will be an ideal response?


Operating decisions deal with the current operations of a business. Strategic decisions deal with the selection of the proper markets to compete in and the means and timing for competing in these markets. Operating decisions that would be made by a food processor deal with developing a viable marketing mix. Strategic decisions would include whether to market the product in a different region of the country not currently being served, whether to add a new product to the line, and whether to and how to challenge a competitor in a particular market.

Business

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Even if a whistleblower wins a legal case against his company and is compensated, the legal process can be damaging because ______.

a. whistleblowers must first submit to arbitration instead of bringing direct legal suit b. it often takes years to complete while the whistleblower is unemployed c. a whistleblower is not allowed to be employed by the company he or she is suing d. that compensation does not take into account the whistleblower’s legal costs

Business

A ________ income statement lists cost of goods sold as another expense and shows only one subtotal for total expenses.

Fill in the blank(s) with the appropriate word(s).

Business

The U.S. government will pay SB Amos $2,500,000 each six months, equal to 2.5% of the $100 million face amount of the treasury bonds (5% annual coupon rate, paid in two installments each year), and will repay the $100 million at the end of five years. Assume that at the time SB Amos purchases the bonds, the market prices these bonds to yield SB Amos 6% annually (3% each six months). The bonds are

classified as held to maturity. SB Amos will pay an amount equal to _____ for the bonds. a. $95,734,898 b. 100,000,000 c. 105,567,432 d. 110,987,012 e. 116,802,503

Business

Managers' understanding of government regulations is:

A. Primarily a domestic issue. B. Both a domestic and international issue. C. An international issue only for large firms. D. Primarily an international issue.

Business