Which of the following was a major contribution of management guru, Peter Drucker?
A. the discovery that great companies are managed by “level 5 leaders” who often display humility while
simultaneously inspiring those in the organization to apply self-discipline
B. the focus on the areas of organizational learning and change
C. the ability to urge U.S. firms to fight their competition by refocusing their business strategies on several drivers
of success like people and customers
D. the focus on the “strategic and organizational challenges confronting managers in multinational corporations”
E. the need for organizations to set clear objectives and establish the means of evaluating progress toward those objectives
Ans: E. the need for organizations to set clear objectives and establish the means of evaluating progress toward those objectives
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Which of the following is not a feature of universal life insurance?
A) Single-year term B) Flexibility of premium payment C) Ability to benefit from interest rate increases D) Flexibility of death benefits
Team Shirts had net income of $23,000. The balance sheet showed beginning and ending balances in shareholders' equity of $100,000 and $110,000, respectively. There were no preferred shares and 20,000 common shares outstanding throughout the year
Calculate earnings per share. A) $0.22 B) $1.15 C) $5.25 D) $4.56