The type of planning that involves long term decisions, such as defining the scope of the business and deciding what products to make is known as:

A. Continuous planning
B. Strategic planning
C. Operations budgeting
D. Capital budgeting


Answer: B

Business

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Inverse condemnation occurs when:

A. a tenant acquires ownership of fixtures by occupying the property and using the fixtures. B. one property owner acquires title to neighboring property by occupying the property for a certain number of years. C. landowners seek compensation from the governmental unit whose actions effectively amount to a physical taking of their land. D. the government institutes a formal legal action to exercise eminent domain power.

Business

In order to streamline support, today's service desks typically provide one channel for customers to request service.

Answer the following statement true (T) or false (F)

Business

A quality control technician is checking the weights of a product. She takes a random sample of 8 units and weighs each unit. The observed weights (in ounces) are shown below. Assume the population has a normal distribution. Weight 50 48 55 52 53 46 54 50 ? Provide a 95% confidence interval for the mean weight of all such units.

What will be an ideal response?

Business

The dividend payout ratio is equal to the dividend per share divided by the earnings per share.

Answer the following statement true (T) or false (F)

Business