GM's original first-year ________ goal for the Volt was 10,000 units, although the product was well into its second year before reaching that level.

A. survival
B. profit
C. market share
D. sales
E. customer satisfaction


Answer: D

Business

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On June 1, $400,000 of bonds were purchased as a long-term investment at 101.5 and $500 was paid as the brokerage commission. If the bonds bear interest at 12%, which is paid semiannually on January 1 and July 1, what is the total cost to be debited to the investment account?

A) $400,000 B) $406,500 C) $405,500 D) $402,000

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Describe the conditions that would exist if a company is said to be experiencing entrenched management and the disadvantages of this type of management structure.

What will be an ideal response?

Business

According to the dividend?growth model, the value of a common stock depends on 1. the price of the stock     2. investors' required rate of return   3. the future growth in dividends

A. 1 and 2 B. 1 and 3 C. 2 and 3 D. all three

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________ refers to the beliefs and norms that govern organizational behavior in a firm.

A. Cultural value B. Corporate culture C. Cultural vision D. Corporate agenda

Business