The decisions concerning an organization's goals and future plans are called
A. financial decisions.
B. tactical decisions.
C. strategic decisions.
D. operational decisions.
Answer: C
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Espat Corp reported net sales (all on credit) of $1,600,000 and cost of goods sold of $1,100,000 for 2016 . Its beginning balance of Accounts Receivable was $150,000 . The accounts receivable balance decreased by $10,000 during 2016 . Rounded to two decimal places, what is Espat's accounts receivable turnover rate for 2016?
a. 7.59 b. 10.32 c. 10.67 d. 11.03
An integral component of any differentiated marketing strategy is _____
a. a unique set of product/service offerings to each customer group b. an overall company-based integrated strategy c. coordination of retailing strategy across units d. geographic differentiation to meet customer needs
The corporate opportunity doctrine ________
A) prohibits corporate officers and directors from taking personal advantage of opportunities that, in all fairness, should be given to the corporation B) requires corporate officers to allow other firms the opportunity to compete in the same market C) prohibits corporate shareholders from taking personal advantage of opportunities that, in all fairness, should be given to the corporation D) requires corporate officers to continually look for opportunities for the corporation to expand into new markets
Employees whose compensation is calculated on the basis of weekly, biweekly, or monthly periods are classified as
A. salaried employees. B. hourly employees. C. management employees. D. white-collar employees.