Info
Warning
Danger

Study Resources (Business Management)

1.              What is the function of a cash budget?A capital budget? 2.              What is the difference between equity capital and debt capital? 3.              Describe the four sources of funds for a business. 4.              How does a financial manager monitor and evaluate a firm’s financing? .
2 Views
View Answer
1.Here’s what Nederlander’s chief operating officer has to say about its business model:“A show has a short lifetime.You go and sell two months out, and the tickets have no value on any day but the day of the show.So it’s a very interesting model in that sense.”How do you think.
8 Views
View Answer
What are some of the advantages of a strong Brazilian currency, and what are some of the challenges of having a strong currency relative to another currency? Explain why the Brazilian government is concerned about its balance of trade with China. 3.What does a higher external demand for goods and services in.
10 Views
View Answer
1.              What are the advantages of financing through the sale of stock? 2.              From a corporation’s point of view, how does preferred stock differ from common stock? 3.              What is venture capital? .
0 Views
View Answer
1.              How do the information requirements of managers differ by management area? 2.              What happens if a business has a management information system that is too large? 3.              What happens if a business has a management information system that is too small? .
5 Views
View Answer
List and explain several advantages and disadvantages experienced by Two Men and a Truck as a small business.How might that differ as the company franchises? The company mission is “to continuously strive to exceed our customers’ expectations in value and high standard of satisfaction.”Discuss the challenges in upholding the missionnow and.
9 Views
View Answer
1.              TFSentiment analysis is a quantitative social media measurement. 2.              TFEach source of revenue flowing into a firm is referred to as a revenue stream. 3.              TFThe terms e-commerce and e-business are synonymous. 4.              TFIn a B2C model, the focus is facilitating sales transactions between businesses. 5.              TFSearching through data records looking for useful.
4 Views
View Answer
Why would AT&T promise to pay T-Mobile billions of dollars as a “breakup fee” if the merger fell through? In a free market economy, what is the reasoning behind limiting monopolies or companies having significant market share over competitors? Name a service that benefits you because there is competition in that service.
9 Views
View Answer
1.Is Zappos a decentralized or centralized organization?Explain your answer. 2.Of the four types of corporate culture, which most closely describes the culture of Zappos? 3.How is the communicative culture of Zappos likely to affect the internal grapevine? .
12 Views
View Answer
1.              Describe the traditional banking services provided by financial institutions. 2.              What are the major advantages of electronic banking services? 3.              How can a bank or other financial institution help American businesses to compete in the global marketplace? .
0 Views
View Answer
1.Will Luke’s Lobster be able to appeal to that portion of the population that doesn’t use smartphones or other mobile apps? Should the company also use other forms of advertising? If so, what other forms would you recommend? 2.Holden suggests that “Word-of-mouth from friends is stronger than any other form of.
8 Views
View Answer
Discuss how PortionPac has demonstrated social responsibility to its various stakeholders. Explain how Syd Weisberg and Marvin Klein were innovators of social responsibility in business. Managers have two contrasting views regarding social responsibility.Discuss the model followed by PortionPac. .
11 Views
View Answer
3.              Bankers usually insist that prospective borrowers submit audited financial statements along with a loan application. Why should financial statements be audited by a CPA? 4.              What can be said about a firm whose owners’ equity is a negative amount? How could such a situation come about? .
0 Views
View Answer
1.              What are the benefits of comparing a firm’s current financial information with information for previous accounting periods, with industry averages, and with financial information for competitors? 2.              Explain the calculation procedures for and significance of each of the following: a.Return on sales. b.The current ratio. c.Inventory turnover. .
1 Views
View Answer
1.              What are the ethical and legal implications of using accounting practices such as the book-and-hold technique to accelerate revenues and inflate corporate earnings? 2.              Why would Commodore’s auditor insist that Rob document any sales booked under the book-and-hold technique? .
0 Views
View Answer
1.              List the five functions of an MIS. 2.              What are the components of a typical business report? 3.              What types of information could be illustrated in a visual display?In a tabular display? 4.              Describe the three types of computer applications that help employees, managers, and executives make smart decisions. .
3 Views
View Answer
5.              Do the balance sheet, income statement, and statement of cash flows contain all the information you might want as a potential lender or stockholder? What other information would you like to examine? 6.              Of the three financial ratios discussed in this chapter, which do you think is the most important.
0 Views
View Answer
1.              How important is trade credit as a source of short-term financing? 2.              Why would a supplier require a customer to sign a promissory note? 3.              What is the prime rate?Who gets the prime rate? 4.              Explain how factoring works.Of what benefit is factoring to a firm that sells its receivables? .
0 Views
View Answer
2.Which members of a community might typically oppose a Walmart Supercenter? What are their objections? How can Walmart answer these complaints? C O N T R O V E R S I A L   I S S U E Knowing Business versus Knowing the Business 1.What does “knowing business” mean? 2.How does “knowing the.
2 Views
View Answer
What are the ethical and legal implications of using accounting practices such as the book-and-hold technique to inflate corporate earnings? Why would Commodore’s auditor insist that the district manager document any sales booked under the book-and-hold technique? 3.If you were in the district manager’s situation, would you agree to use the book-and-hold.
7 Views
View Answer
1.              How does short-term financing differ from long-term financing?Give two business uses for each type of financing. 2.              What is speculative production?How is it related to a firm’s cash-flow problems? .
7 Views
View Answer
1.              Here’s what Nederlander’s chief operating officer has to say about its business model: “A show has a short lifetime.You go and sell two months out, and the tickets have no value on any day but the day of the show.So it’s a very interesting model in that sense.”How do.
2 Views
View Answer
1. The original plant that Ulukaya purchased was being closed and sold by Kraft, a multinational mega-corporation with facilities worldwide.Why would a small company of five people succeed where a huge corporation failed? 2.The textbook points out that, over the years, more managers have realized that quality is an essential “ingredient”.
10 Views
View Answer
1.What are the ingredients of L.L.Bean’s promotion mix? 2.L.L.Bean is reaching into “alternative” promotions, including outfitting Weather Channel meteorologists around the United States and emblazoning its name on the tarp used by the Red Sox baseball team to protect the field during rain delays.What other kinds of promotional activities do you.
8 Views
View Answer
1.              Do managers really need all the kinds of information discussed in this chapter? If not, which kinds can they do without? 2.              How can confidential data and information (such as the wages of individual employees) be kept confidential and yet still be available to managers who need them? .
1 Views
View Answer
ENTER THE WORLD OF BUSINESS—Competition Is Good for Business 1.Why is competition important in a capitalist economy? 2.Why do businesses need to focus on both primary competitors as well as newer entrants? 3.How was Red Bull able to become a major competitor in an industry dominated by two main players? RESPONDING TO BUSINESS CHALLENGES—Swatch.
7 Views
View Answer
1.              What is the difference between a balance sheet and an income statement? 2.              Explain how a retailing firm would determine the cost of goods sold during an accounting period. 3.              If a retailer has revenues of $700,000, cost of goods sold that total $270,000, and operating expenses that total $200,000, what.
1 Views
View Answer
1.              TFAs a result of the Sarbanes–Oxley Act, the FDIC is responsible for establishing a full-time federal oversight board that will police the accounting industry. 2.              TFA database is a single collection of data and information stored in one place that can be accessed by people throughout a firm to make.
5 Views
View Answer
1.              TFSpeculative production is an example of a long-term financial need. 2.              TFA budget is a financial statement that projects income and/or expenditures over a specified future period. 3.              TFTrade credit is the least popular form of short-term financing. 4.              TFDebt capital is money obtained from the sale of shares of ownership in.
2 Views
View Answer
5.              How can a small-business owner or corporate manager use financial leverage to improve the firm’s profits and return on owners’ equity? 6.              In what circumstances might a large corporation sell stock rather than bonds to obtain long-term financing? In what circumstances would it sell bonds rather than stock? .
1 Views
View Answer
1.              For a business firm, what type of activities does financial management involve? 2.              How has financial management changed after the recent economic crisis? 3.              To be successful, what traits and skills does an employee in the finance industry need? .
10 Views
View Answer
3.Based on the large share of the watch movements and components industry that Swatch controls, which competitive environment do you think it operates in: pure competition, monopolistic competition, oligopoly, or monopoly? GOING GREEN—Luxury Automakers Embracing Eco-Friendly Interior 1.Why might eco-friendly wood interior appeal to luxury car buyers? 2.What impact could using these plant-based.
3 Views
View Answer
1.              During the recent economic crisis, many financial managers and corporate officers have been criticized for (a) poor decisions, (b) lack of ethical behavior, (c) large salaries, (d) lucrative severance packages worth millions of dollars, and (e) extravagant lifestyles. Is this criticism justified? Justify your opinion. 2.              If you were the.
1 Views
View Answer
1.              How are current assets distinguished from fixed assets? 2.              Why are fixed assets depreciated on a firm’s balance sheet? 3.              How do you determine the dollar amount of owners’ equity for a sole proprietorship, or a partnership, or a corporation? 4.              If a business firm has assets worth $170,000 and liabilities that.
2 Views
View Answer
3.              Develop a personal cash budget for the next six months. Explain what you would do if there are budget shortfalls or excess cash amounts at the end of any month during the six-month period. 4.              Why would a lender offer unsecured short-term loans when it could demand collateral? .
0 Views
View Answer
1.Marketers use a wide variety of segmentation bases, as shown in Table 11-3. Which of these bases appears to be most important to Raleigh’s segmentation strategy? Explain. 2.How has Raleigh used social media in terms of its relationship marketing? 3.What are some of the factors Raleigh used in determining its target market? .
10 Views
View Answer
3.              If you were in Rob’s situation, would you agree to use the book-and-hold technique this month to accelerate revenues? Justify your decision. 4.              Imagine that Commodore has taken out a multimillion-dollar loan that must be repaid next year. How might the lender react if it learned that Commodore was using.
0 Views
View Answer
How would you categorize Mittelstaedt in terms of Theory X or Theory Y?Give examples from the video that support your position. In what ways does Mittelstaedt incorporate job enrichment into the culture at the FruitGuys?Give examples from the video. How does employee morale figure into the FruitGuys’ success? .
9 Views
View Answer
1.              In your own words, describe how information reduces risk when you make a personal or work-related decision. 2.              What are information rules? How do they simplify the process of making decisions? 3.              What is the difference between data and information? Give an example each of accounting data and accounting information. .
12 Views
View Answer
1.What challenges does Blu Dot face in selling consumer products (as opposed to business products)? 2.Do you think the product life-cycle is an important marketing concept in developing and managing Blu Dot products?Why or why not? 3.Describe the product mix and the role different product lines play in Blu Dot’s marketing strategy. .
10 Views
View Answer
1.              Visit the YouTube channel for Turbo Tax (www.youtube.com/user/TurboTax).Do you think social media is an effective method of obtaining the tax information you might need to prepare your taxes? 2.              Can you think of other companies that could use videos on a YouTube channel to share information that their customers could.
0 Views
View Answer
1.              TFFinancial planning begins with establishing a set of valid goals and objectives. 2.              TFDebt capital is financing provided by the owner or owners of the business. 3.              TFCommercial paper is a short-term promissory note issued by a small business. 4.              TFWhen compared to other forms of short-term financing, factoring is relatively inexpensive. 5.             .
2 Views
View Answer
1.What style of leadership do you think most L.L.Bean managers probably employ? 2.To produce hot water in L.L.Bean’s flagship store, the company recently installed a solar hot water system that will offset almost 11,000 pounds of carbon dioxide emissions every year.Suggest some of the questions the company’s managers might have asked.
8 Views
View Answer
1.              Describe how financial leverage can increase return on owners’ equity. 2.              For a corporation, what are the advantages of corporate bonds over long-term loans? 3.              Describe the three methods used to ensure that funds are available to redeem corporate bonds at maturity. .
0 Views
View Answer
1.              TFFor a manager or employee, information and data mean the same thing. 2.              TFFinancial accounting provides managers and employees within the organization with the information needed to make decisions about a firm’s financing, investing, marketing, and operating activities. 3.              TFThe accounting equation is assets + liabilities = owners’ equity. 4.              TFAnother name.
3 Views
View Answer