In a two-person operation, one may specialize in the outward-facing tasks such as sales while the other specializes in the internal jobs such as research and production. In a large firm, there may be vice presidents for each task such as marketing, finance, and HR. These examples represent different types of _____.

The ________ theory of stock splits states that firms want their shares to trade in a range between $20-$40 per share

A) preferred trading range B) signaling hypothesis C) increased liquidity D) market hubris

Which of the following is true of master-budget capacity utilization?

A) It hides the amount of unused capacity. B) It represents the maximum units of production intended for current capacity. C) It provides the best cost estimate for benchmarking purposes. D) It is an average that provides no meaningful feedback to a firm's marketing manager for a particular year.