Godfrey is the manager of a new business that produces high-end baking supplies. His production department would like to minimize costs by focusing production on only one product until sales increase and funds can be invested in research and development of other products. The marketing department would like to maximize sales, which requires the production and sale of a variety of products and options. When Godfrey balances these competing interests, what is he doing?
A. Optimization
B. Conflict resolution
C. Budget balancing
D. Marketing
Answer: A
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Jessie is out with a group of friends this evening for dinner at a local restaurant and then a movie. While the service at the restaurant was slow, and the food just ok, Jessie still had a great time and left with a positive opinion of the restaurant experience. Jessie's experience was likely influenced by ____.
a. selective exposure b. social surroundings c. motives d. self-actualization
Use the following company information to prepare a schedule of significant noncash investing and financing activities:(a) Sold a building with a book value of $300,000 for $225,000 cash and sold land with a book value of $40,000 for $65,000 cash.(b) Issued 15,000 shares of $10 par value common stock in exchange for equipment with a market value of $175,000.(c) Retired a $100,000, 8% bond by issuing another $100,000, 7% bond issue.(d) Acquired land by issuing a twenty-year, 5%, $73,000 note payable.
What will be an ideal response?
Plans may differ in function and scope but they all have one important purpose: to provide guidance and structure to management in a rapidly changing market environment.
Answer the following statement true (T) or false (F)
Motivation originates from within an individual.
Answer the following statement true (T) or false (F)