On average, how much did low-income parents contribute to their children's educational expenses in 2019-2020 8.800 6,000 9,700 15,000
Who is involved in the marketing exchange? (Check Both That Apply) (check all that apply) Television Marketer. Business. Customer.
What is the central focus of marketing? Customer. Product. Advertisement.
Analyzing a firm's ratios relative to industry averages is called industry comparison benchmarking cross-sectional analysis all of the above
Which of the following stages of the product development process assesses a product's compatibility in the marketplace? idea development business analysis test marketing commercialization idea screening
Marketing activities best create value by manipulating consumers to get them to buy products they do not want. allowing individuals and organizations to obtain what they need and want. working independently of other functional areas of business-such as operations. focusing solely on promotion. using unsystematic approaches to satisfying consumers.
__ refers to forming pool of qualified applicants from which management can select new employees. Planning Training Compensating Appraising Recruiting
Which question is one of the five basic questions an organization's mission statement seeks to answer? What business are we in? How do we expand our business? What are our staffing requirements? Why are we not cost effective? How do we meet the annual sales target?
A plan specifies all of the following EXCEPT who should complete the tasks. what should be done. when the tasks should be completed. why the tasks should be completed. how the tasks should be completed.
In an inflationary period, what method of inventory valuation would lower profits? Specific Identification D LIFO FIFO C Weighted Average
How can you use the total revenue test to determine elasticity? You know a product is elastic if the price decreases as the total revenue goes down. You know a product is inelastic if the price increases as the total revenue goes down. You know a product is inelastic if the price decreases as the total revenue goes up. You know a product is elastic if the price increases as the total revenue goes down.
Collins believes that business and ethics are contradictory. Good ethics is antithetical with good management True False
Which of the following rating errors occurs when a manager gives low ratings to all employees by holding them to an unreasonably high standard? A severity error A halo error A leniency error A horns error
Which of the principles of AICPA Code of Conduct is most related artilce 5 of the California Accountancy Act? Responsibilities Due care The public interest Objectivity and independence Integrity Scope and nature of services
Multiple Select Question Select all that apply What are examples of economic factors that can help or hinder business? Taxation Contract enforcement Competition
Find the balance of a savings plan after 36 months assuming an APR of $10\% $ (compounded monthly) and monthly deposits of $\$ 105.$ $\$ 4,387.09$ $\$ 4,297.26$ $\$ 4,413.90$ $\$ 4,256.88$ None of the above.
Which is the better buy? 6-pack of envelopes for $\$ 0.36$ 9-pack of envelopes for $\$ 1.08$
Ten years after purchasing $\$ 8,000$ worth of shares in a mutual fund, you sell the shares for $\$ 6,850$ (at a loss). Find the annual return (to the nearest hundredth of a percent) on your investment. $-1.44\% \% $ $-1.54\% \% $ $-1.24\% \% $ $-1.89\% \% $ None of the above.
After all postings have been made the totals of the balances in the accounts receivable subsidiary ledger should equal the balance of the Accounts Receivable account in the general ledger. True or False True False
Which management approach was the first major approach to focus on informal work relationships and employee salisfaction? Bureaucracy Administrative management Scientific management Human relations
