Explain the steps in developing a cash budget
What will be an ideal response?
Answer: First, determine your anticipated income by referring to last year's adjusted income. Next, estimate your level of taxes to determine after-tax income available for living expenses. Add fixed and variable expense estimates together to determine your level of spending. Last, subtract living expenditures from expected take-home pay to calculate income available for savings and investment.
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When consumers explicitly agree to share personal information, the agreement is referred to as
A. a disclosure agreement. B. participatory knowledge. C. opt in. D. the 80-20 rule. E. opt out.
Why do salespeople constantly search for new prospects?
A. Replace customers lost over time B. Maintain sales licenses C. Train new salespeople D. Conduct e-sales E. Monitor the accounts of current customers
Which of the following statements about the services provided by retailers is true?
A) Discount stores are full-service retailers. B) Convenience stores are unlikely to be full-service retailers. C) Superstores are typically full-service retailers. D) Walmart, Target, and Kohls are all examples of self-service retailers. E) Only a few stores are actually classified as full-service retailers.
A permanent task group that works on continuing organizational issues is called a(n) ______.
a. ad hoc committee b. standing committee c. command group d. project team