Stevie is preparing a budget that shows the company's expected sales receipts and expenditures for the year, a projection of how much cash will be available each month, and the extent of outside financing the company might need. This is a ________ budget.
A) capital
B) cash
C) cost
D) production
E) sales
B) cash
A cash budget shows the anticipated receipts and expenditures, the amount of working capital available, the extent to which outside financing may be required, and the periods and amounts of cash available.
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Describe two of the measures used to measure the effectiveness of recruiting.
What will be an ideal response?
Crafty Cathy Products Inc manufactures a product sold in most craft stores which requires non-soluble glue as one of the key ingredients. The company has already estimated that it needs to produce the following number of units of product for the second quarter of 2013: April 75,000 units May 90,000 units June 84,000 units Each unit requires .5 ounces of glue at a cost of $.30 an ounce. The
company has determined that it needs 15 percent of next month's raw material needs on hand at the end of each month. The cost of the glue that should be purchased in May is: A) $13,365 B) $13,500 C) $15,390 D) $13,635
Which of the following statements about instant messaging in the workplace is most accurate?
A) Although companies have found instant messaging to be a valuable tool for employees to communicate with one another, they have been hesitant to use instant messaging for customer service. B) Unlike text messaging, instant messaging is not subject to discovery in lawsuits. C) Instant messaging allows people to share information immediately and make decisions quickly. D) Instant messaging decreases presence functionality.
Answer the following statement(s) true (T) or false (F)
1. A revenue model explains how an entrepreneur will make money from the customer value proposition. 2. A business model and a revenue model mean the same thing. 3. The razor-and-razor-blade model is an example of an intermediation revenue model. 4. An advertising revenue model gets revenue through advertising products and service. 5. Real estate brokers represent an intermediation revenue model because they help manage the transaction between the home seller and the home buyer. 6. In general, reducing operating costs is the most effective way of yielding long-term gains.