As an administrative assistant, you may be authorized to answer routine requests for information addressed to the executive
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements is not true when describing adjacent tenants?
A. Adjacent tenants cause congestion, which drives customers away. B. Competing adjacent retailers have the potential to build traffic. C. Complementary, adjacent retailers have the potential to build traffic. D. Complementary retailers target different market segments and have a similar merchandise offering. E. The principle of cumulative attraction states a cluster of similar and complementary retailing activities have greater drawing power than isolated stores.
Fiona works in customer relations for a national mail order catalogue. She spends the day solving problems for customers. It is very rare that she ever runs across a situation that she has not solved in her past. Almost everything she has dealt with is listed in her employee manual. What type of decisions does she spend her day making?
A. nonprogrammed decisions B. executive decisions C. strategy decisions D. programmed decisions
The time value of money is considered in long-range investment decisions by
a. assuming equal annual cash flow patterns. b. investing only in short-term projects. c. assigning greater value to more immediate cash flows. d. ignoring depreciation and tax implications of the investment.
A flexible budget for 15,000 hours revealed variable manufacturing overhead of $90,000 and fixed manufacturing overhead of $120,000. The budget for 25,000 hours would reveal total overhead costs of:
A. $270,000. B. $290,000. C. $210,000. D. $350,000. E. None of the answers is correct.