To coordinate the activities of people, functions, and divisions and to allow them to work together effectively, managers must develop a clear
A. hierarchy of authority.
B. product line.
C. functional structure.
D. span of control.
E. product structure.
Answer: A
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How long after the interview should you wait to send the follow-up letter?
A) 72 hours B) 24 hours C) 1 week D) 2 weeks
A route to take in developing a differentiation advantage includes
A. incorporating tangible features that add functionality, and increase customer satisfaction with the product specifications, functions, and styling. B. incorporating intangible features that enhance buyer satisfaction in economic ways. C. emphasizing high quality and performance of products through a standard and simple, no-fuss packaging. D. incorporating product attributes and user features that raise the buyer's overall costs, but keep the price minimal. E. signaling value by targeting sophisticated buyers.
Conference Hotel Changes You manage a large hotel that is used by organizations and businesses for meetings and conferences. A recent storm has damaged part of your hotel which means that you have fewer rooms available for meetings. You now have nearly
20 percent fewer guest rooms for conference participants and four less meeting rooms for smaller sessions. You estimate that room repairs will take nearly a month, but the Association of Intercultural Studies is scheduled to arrive for a three-day conference in two weeks and has booked all rooms. Now there are not enough rooms for the conference. Required: As manager of the hotel, write a letter to the meeting manager for the association. Tell the manager the bad news regarding the damage to the rooms and provide an alternative of using rooms at a nearby hotel.
A company has net sales of $1,831,800.00 and average accounts receivable of $426,000.00. What is its accounts receivable turnover for the period?
A. 4.30 B. 0.33 C. 78.20 D. 7.60 E. 23.90