business final
Which of the following are true of current assets?
???Cash, accounts receivable, inventory???
Which of the following best describes a money market mutual fund?
A fund of short-term, low-risk financial securities purchased with the pooled assets of investor-owners
Which of the following correctly records the payment made 15 days after the date of invoice?
Accounts payable?
A textile corporation has 200 odd stockholders as it is inconvenient for so many stockholders to manage the company the stockholders elect a group of individuals to oversee the company's operations and to represent their interests in the scenario the stockholders elect a
Board of Directors
Chechinko, an African country, and Herito, an Asian country, use the same amount of resources to produce alcohol. Despite this, Chechinko is able to manufacture a higher quantity of alcohol than Herito. In this context, which of the following statements is definitely true of Chechinko?
Chechinko enjoys an absolute advantage in terms of alcohol production, relative to Herito.
Jessica Marshall, the CEO of ANS Oil Drilling Inc., has decided to set aside $10, 000 from the company's annual profit to donate to local nonprofit organizations. This donation is an example of
Corporate Philanthropy
The _____ is a common measure of leverage that compares liabilities to assets.
Current Ratio
The extent to which decision-making power is held by a small number of people at the top of the organization
Degree of centralization
Vertibram, a packaged food company, solely manufactured food products that catered specifically to the Islamic community in the United States. However, after facing a stagnation in its sales, the company started manufacturing other products that contained pork to cater to the whole community. Which of the following dimensions of the social environment does this scenario exemplify? Diversity
Diversity
Consumers receive email reminders and then pay their bills at the company website
Electronic Bill Presentment
When properly implemented, intranets enhance communication and collaboration among
Employees
Jacob is a hardworking employee in a public relations firm. He is very punctual and works ten-hour days. However, he earns less than his colleague who is irregular and works only seven-hour days. When Jacob comes to know of this, he becomes dejected and decides to quit his job. The given scenario exemplifies _____.
Equity Theory
Gearjazz, a company that manufactures and sells musical instruments, aims to increase its popularity among music artists and enthusiasts by sponsoring the audio system for the music and arts festival being held in the town of Flavempia. Which of the following marketing strategies does this scenario best illustrate?
Event Marketing
Which of the following theories of motivation suggests that if any link in the relationship among individual effort, individual performance, and individual reward is broken, employees will not be motivated?
Expectancy Theory
Maurio inc., a publishing house, wants to invest in digital publishing. however, the company does not possess enough capital to kick start the project. in order to gain immediate funds, maurio inc. sells its accounts of credits to restube, a financing firm, at a discount. which of the following short-term financing options is being used by maurio inc. in the given scenario?
Factoring
An act that overturned the section of the Banking Act of 1933 that prohibited commercial banks from selling insurance or performing the functions of investment banks
Financial Services Modernization Act of 1999
the unrestricted movement of goods and services across international borders.
Free trade
Clara and Sandra collaborate to open a cafe. They come to an arrangement wherein Sandra manages the cafe from Monday to Wednesday, Clara manages it from Thursday to Saturday, and both jointly manage it on Sunday. Both Clara and Sandra share the profits of the business equally while facing a personal liability for any debts or losses that the cafe may incur. In this scenario, Clara and Sandra most likely _____.
Have a general partnership
A firm considers _____ to increase size and market power within the industry.
Horizontal Mergers
In the context of global trade, which of the following statements is true of balance of payments?
It includes foreign borrowing and lending
Which of the following is true of job enrichment?
It involves restructuring a job to make it more rewarding and motivating.
in the context of organizational models which is true of matrix organizations?
It superimposes project-based departments on function-based departments.
Timothy bought the franchise rights for Breadfim, a popular fast-food diner chain. He plans to hire the required staff and start operations of the outlet in a month. To do so, he first has to examine the types of jobs in the company and the responsibilities associated with each job type. In the context of human resource (HR) planning, which of the following should Timothy do first?
Job Analysis
Yellow Dustur, a textile company, converts its overseas assets into cash in order to pay its debts to different companies the following year. In the given scenario, which of the following financial ratios is most likely being analyzed by Yellow Dustur?
Liquidity ratios
Work within a company and provide analysis, prepare reports and financial statements, and assist managers in tehir own organization.
Managment Accounts
Uniesia, an Asian company, wants to set up a production facility in Maurinia, an African country, because of the low labor costs in the country. However, Uniesia is unable to do so because of the situation of constant civil unrest in Maurinia. In the given scenario, Uniesia is most likely facing the barrier of _____.
Political Differences
Andrew, an employee in a corporate company, is asked to conduct a systematic evaluation of how well the company is meeting its ethics and corporate responsibility goals. In the given scenario, Andrew is most likely asked to do a _____.
Social Audit
Which of the following has incited leading edge marketers to set higher standards in key areas such as environmentalism, abolishment of sweatshops, and involvment in the local community?
Social responsibility
In the context of management planning, ___ refers to high-level, long-term planning that establishes a vision for the company, defines long-term objectives and priorities, determines broad action steps, and allocates resources.
Strategic Planning
A cement company decided to modify its production methods to minimize the negative impact of the company's activities on the environment. The company also invested in the purchase of upgraded machinery to implement this plan. In the given scenario, the cement company most likely embraced the idea of _____.
Sustainable Development
A book publishing company follows a budgeting approach wherein the senior managers of the company prepare the annual budget with little or no input from the supervisory and middle managers. The company uses this approach as the owners of the company believe that the senior managers are more aware of the long-term strategic needs of the company. In this scenario, the book publishing company is using:Hevron
W
Candidates who apply for jobs at Susrett, a cell phone manufacturing company, check discussions on the Internet to find out the regular set of questions that the recruiters ask during the recruitment process. A lot of job applicants who apply for jobs at Susrett, therefore, find it easy to answer the questions because the interviewers ask the same set of questions. In the context of employee selection, this scenario most likely illustrates ____
W
Hevron Hrist a multinational company finances itself each year by procurring 25 percent of its yearly budget through loans from banks the remaining budget is covered by the company itself. The given scenario suggests that the firm most likely relies on measuring_______to decide its capital structure.
W
In the context of legal and ethical dimensions of business conducts, it is illegal but ethical to
W
In the context of legal and ethical dimensions of business conducts, it is legal and ethical to:
W
Peter, the CEO of a multinational company, has a deep understanding of other people's needs and behaviors. He easily relates to another's situation, feelings, and motives-all qualities that strongly predict a high level of ethical leadership. Given this information, Peter most likely possesses _____.
W
Razak's, a popular chain of fast-food restaurants in the Middle East, plans to expand its market in Asia and signs a contract with an Indian firm. The contract allows the firm to set up restaurants with Razak's name and trademark and use the supplies provided by Razak to make its products. Under the contract, the Indian firm is required to adhere to the same cooking procedures and use the same equipment that are used by other outlets of the restaurant. The given scenario exemplifies a _____
business format franchise
The nature of work and the work schedule in the animation department of a movie production company differ from that of other departments of the company. Hence, the company decides to branch this department out into a new company by selling the stock to outside investors. In this scenario, the company is using a strategy called a(n):
carve-out
When firms either acquire foreign firms or develop new facilities from the ground up in foreign countries
direct investment
The employees of Carrick Inc., an electronics company, are requesting the management to adopt a new performance appraisal process to allow better transparency between different levels of the company. They propose to have one-on-one feedback sessions that would help reduce various appraisal biases. Identify the dimension of the social environment that this scenario exemplifies.
diversity
Denise is a hard worker, but she has always had differences with her boss, Angela. Angela has recently become more demanding and is often unwilling to provide clarification on project requirements. After too many long working dayswith little or no job satisfaction, Denise walked into Angela's office and submitted her resignation. Denise knows that her résumé is strong and feels confident she will find another job. Denise is now facing _____ unemployment.
frictional unemployment
A coal mining company has employed around 250 miners who work 8-hour shifts every day. In the context of factors of production, the miners can be classified as _____.
human resources
Preston, a luthier, used to own a workshop in the 1750s where he produced handmade musical instruments of high quality. However, due to technological advancements, musical instruments started being mass produced in factories, and Preston's business began to decline. Given this information, it can be assumed that Preston belonged to the _____.
industrial revolution era
Garret wants to buy shares of an iron manufacturing company, but he does not want to pay a high price for them. He asks his securities broker to only buy shares that come within the price of $300 and $400. In this scenario, Garret places a _____ with his broker
limit order
Which of the following statements are TRUE about commercial paper?
maximum maturity of 270 days, matures on a pre-set date at a pre-set price, is quotes on a. yield basis, and is an unsecured promissory note
Nuno owns a recording studio with high-quality equipment. He allows artists to schedule sessions based on their flexibility, and he also allows them to bring their own sound engineer and work with him or her to achieve the desired result. As a result, his customers frequent his studio and recommend it to their friends and colleagues. The opportunity of _____ is highlighted in the given scenario.
providing personal customer service
In the context of management skills, front-line managers must have a high degree of _____, which help them hire, train, and evaluate employees; avoid mistakes; and ensure high-quality production.
technical skills
During adverse weather conditions, Pierma, a publishing firm, permits its employees to work from home, provided they send their finished work on time and are accessible for quick email correspondences. In the context of employee benefits, this scenario exemplifies _____.
telecommuting
The total value of the goods exported by Maulini, a South American country, in the last fiscal year was lower in comparison to the total value of the goods imported by it. Given this information, Maulini had a _____ in the last fiscal year.
trade deficit
When the total value of a nation's exports is higher than the total value of its imports, that country has a(n) _____.
trade surplus
