________ is the process of formulating, implementing, and evaluating organizational changes in ways that

enable an organization to achieve its objectives.

A) Management by Objectives (MBO) B) Strategic planning C) Decision analysis D) Goal setting


B

Business

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If a contract or contract clause is found to be unconscionable, the courts can do which of the

following? A) Refuse to enforce only the unconscionable portion B) Refuse to enforce the contract C) Limit the application of the unconscionable portion D) A, B, and C E) B and C only

Business

The following partial balance sheet is provided for Groome Company:     Liabilities and Stockholders' Equity   Accounts payable$9,000 Salaries payable 12,000 Bonds payable (Due in ten years) 20,000 Common stock, no par 30,000 Retained earnings 54,000 Total liabilities and stockholders' equity$125,000 What is the company's quick (acid-test) ratio?

A. 16% B. 49% C. 33% D. Cannot be determined with the information given.

Business

Industries Inc, drew a check payable to Gloria Schell and Pippen Tallit in the sum of $20,000. For a proper negotiation, the check: A) needs to be indorsed only by Gloria Schell, since her name appears first

B) needs to be indorsed by either payee, since the indorsement of only one of the payees is necessary to negotiate the check. C) needs to be indorsed by both payees. D) needs to be indorsed by the maker.

Business

________ is when the corporate office helps subsidiaries make wise choices in their own acquisitions, divestures, and new ventures, thereby creating value within business units.

A. Leveraging core competencies B. Increasing market power C. Parenting D. Restructuring

Business