With the death in 1992 of Sam Walton, the founder of Walmart, the Walton Family influence:
A) today is nonexistent.
B) is minimal despite having a family member on the board of directors.
C) remains strong with family control of just under 50% ownership.
D) None of the above.
C
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Outback Steakhouse's earnings per share for 2001 was $1.63, in 2002, it was $1.96 and in 2003, it was $2.26. Which of the following statements is false?
A. Investors in Outback would be pleased by the improved earnings per share. B. Earnings per share increased about 39% from 2001 to 2003. C. In 2003, a competitor, Ruby Tuesday's earnings per share was $1.68 making Outback a more attractive investment. D. All of the above are false.
When Sara Lee developed crustless bread, it probably planned to rely on which of the following to gain exposure for the bread and to explain how the convenience of the product justifies its higher price. (Sara Lee could not have done this if the product had not been new and innovative.)
a. personal selling b. sales promotion c. publicity d. advertising