The product life-cycle concept from microeconomics and marketing provides useful insights into the relations between cash flows from operating, investing, and financing activities. The beginning of the decline phase can produce
a. negative cash flow from operations.
b. sales of unneeded property, plant, and equipment can result in negative cash flow from investing activities.
c. excess cash flow to repay remaining debt or diversify into other areas of business.
d. all of the above
e. none of the above
C
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Patty, the CEO of an oil drilling company, and her top management team recently discovered that their facilities are damaging an Asian beach and the local wildlife. They understand that they need to decide if temporarily closing or not closing the facility is unethical. To help them make their decision, they consider the following four questions: "Is not temporarily closing the facility legal? If yes, does this proposed action maximize shareholder value? If yes, is not temporarily closing the facility ethical? If no, would it be ethical to take the proposed action?" Patty and her top managers are using ____ to help them make their decision.
A. Bagley's ethical decision tree B. Maslow's hierarchy of needs C. the stakeholder's value statement D. Frank Gilbreth's code of ethical conduct E. the Sarbanes-Oxley Act of 2002
Which of the following is TRUE of a network?
A) It connects a computer's hardware to the software. B) It does not link computers. C) It is the same as software. D) It allows different computers to share the same information.
Top management personnel are the key players in open-book management
Indicate whether the statement is true or false
Expectations are always positive
Indicate whether the statement is true or false