Quantitative forecasts use mathematical techniques that are based on:

A. Expert opinions
B. Surveys
C. Historical data
D. Sales force knowledge of the market


Answer: C

Business

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In its efforts to support new-product development ideas within its own company, Google allows its employees to spend ________ percent of their time each week thinking about new-product ideas, even if the ideas are not related to the employees' specific jobs.

A. 10 B. 15 C. 5 D. 25 E. 20

Business

Which one of the following documents is used in the control of cash receipts?

a. Purchase requisitions b. Receiving reports c. Canceled checks from customers d. Bank deposit slips

Business

A decentralized organizational structure is predicated on the belief that

A. lower-level managers and employees should go up the ladder of command for approval on most all strategic and operating issues of much importance. B. most company personnel have neither the time nor the inclination to direct and properly control the work they are performing and that they lack the knowledge and judgment to make wise decisions about how best to do their work. C. decision-making authority should be pushed down to the lowest organizational level capable of making timely, informed, and competent decisions. D. top executives should establish a collegial, collaborative culture where decisions are made by general consensus on what to do and when. E. strict enforcement of detailed procedures backed by rigorous managerial oversight is necessary because company personnel cannot be counted on to act wisely or keep costs to a bare bones level.

Business

Activities scheduled on a consistent, routine basis can be scheduled as a ____ appointment

A) task B) regular C) repeated D) recurring

Business