A question that gives the respondent a clue as to what the answer should be is called a leading question
Indicate whether the statement is true or false
TRUE
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Answer the following statements true (T) or false (F)
1. In terms of strategic planning, top and middle managers are more involved with planning, whereas the lower-level functional managers and employees implement the operational strategies on a day-to-day basis. 2. An important part of controlling is staying within the budget when appropriate or changing it when necessary to meet changes in the dynamic environment. 3. One reason strategic plans fail is that no action is taken to implement the strategy. 4. The current global trend is for companies to go it alone and compete head on. 5. While selecting strategies and planning, implementing, and controlling them, be sure to be ethical at all stages.
A retailer can encourage long-term employment through a policy of promoting from within the firm
Indicate whether the statement is true or false
As of December 31, Year 1, Gant Corporation had a current ratio of 1.29, quick ratio of 1.05, and working capital of $18,000. The company uses a perpetual inventory system and sells merchandise for more than it cost. On January 1, Year 2, Gant collected $5,200 of accounts receivable. As a result of this transaction, Gant's working capital will:
A. Increase. B. Remain the same. C. Decrease. D. Cannot be determined.
Which of the following statements is MOST correct concerning diversification and risk?
A) Proper diversification generally results in the elimination of risk. B) Risk-averse investors often choose companies from different industries for their portfolios because the correlation of returns is less than if all the companies came from the same industry. C) Risk-averse investors often select portfolios that include only companies from the same industry group because the familiarity reduces the risk. D) Only wealthy investors can diversify their portfolios because a portfolio must contain at least 50 stocks to gain the benefits of diversification.