The ________ is a business philosophy that says the customers' want-satisfaction is the economic and social justification for a firm's existence.
A. scientific approach to business
B. Six Sigma concept
C. TQM concept
D. marketing concept
E. sales heuristic
Answer: D
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Why would any firm, whether global or otherwise, seek to collaborate with another firm, be it local or foreign?
What will be an ideal response?
The need for ____ is the desire to work and to be with other people.
a. Power b. Affiliation c. Self-motivation d. Achievement
Yennex Inc., a textile company, planned to sell its stock products in two months' time. The company was able to sell those products within a month's time. Therefore, it was able to sell double the estimated amount in a year. Given the scenario, which of the following ratio analyses is most likely to have been analyzed by Yennex Inc. to achieve this success?
A. Leverage ratios B. Asset management ratios C. Liquidity ratios D. Profitability ratios
Union Pacific Corporation (ticker: UNP on NYSE) owns transportation companies. Its principal operating company, Union Pacific Railroad Company, links 23 states across the country
After studying UNP's financials, you predict the future return on investment to be 8%. The risk free rate is 4.5%, the expected market return is 10% and UNP's beta is 0.6. Which of the following statements is true about UNP? A) Equilibrium return < anticipated return, stock is undervalued B) Equilibrium return > anticipated return, stock is overvalued C) Equilibrium return > anticipated return, stock is undervalued D) Equilibrium return < anticipated return, stock is overvalued E) Equilibrium return = anticipated return, stock properly valued