During World War II, many new scientific and quantitative techniques were developed to assist the military, and these developments were so successful that many companies started using similar techniques in managerial decision making and planning

after the war.
Indicate whether the statement is true or false


TRUE

Business

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Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,400. Cash receipts are expected to be $641,000 and cash payments for purchases are expected to be $608,500. Other cash expenses expected are $27,000 selling and $33,500 general and administrative. The company desires a minimum cash balance at the end of each month of $30,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The amount Webster must borrow during April is:

A. $58,000. B. $8,400. C. $21,600. D. $0. E. $98,900.

Business

"Over the past five years, some of our new entry-level employees have been stars, some have been solid, and some have not met our expectations," said Alexa, manager of operations. "We will be gathering data on entry-level employees' performances and correlating those performances with college GPAs and college leadership positions. We will use our results to fine-tune our campus recruiting program so that we hire more star employees." The bureaucratic control that Alexa is describing is ________ control.

A. market B. concurrent C. clan D. feedback E. feedforward

Business

The process of preapproving suppliers for specific commodities or parts is known as:

A) screening. B) presourcing. C) presaging. D) certifying.

Business

A personal name is protected under trademark law if it acquires a secondary meaning.

Answer the following statement true (T) or false (F)

Business