In the executive opinion method of forecasting, the marketing manager might simply rely on his or her own opinion to predict sales

Indicate whether the statement is true or false


TRUE

Business

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Anole Company was incorporated as a new business on January 1, 2016 . The company is authorized to issue 20,000 shares of $5 par value common stock and 10,000 shares of 6%, $10 par value, cumulative, participating preferred stock. On January 1, 2016, the company issued 8,000 shares of common stock for $15 per share and 2,000 shares of preferred stock for $30 per share. Net income for the year

ended December 31, 2016, was $375,000. Refer to the information about Anole Company. The number of Anole's unissued shares of common stock at December 31, 2016, is a. 6,000. b. 8,000. c. 10,000. d. 12,000.

Business

Which of the following summarizes project performance and provides useful information for continuous improvement?

A. Customer acceptance B. 360-degree feedback C. Team evaluation D. The final report E. Project summary

Business

A firm's working capital may come from either internal sources-such as sales revenue and profits-or external sources-such as money from sales of stocks or bonds.

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

Business

Daisy, Petunia, Constance, and Anna are four friends working at four different organizations. In Petunia's firm, Social Network Development, employees are both distant and disconnected from one another, whereas in Daisy's company, Solar Singularity, it is quite the opposite-employees are friendly, and they all think alike. Constance works for Credit Protection Services, where employees think alike but are not friendly to one another. Finally, Anna is employed at Living Trust Wealth Management, where employees are friendly, but they think differently and do their own thing.Daisy's firm, Solar Singularity, can be described as having a(n) ________ culture.

A. individualistic B. fragmented C. communal D. mercenary E. networked

Business