What of the following indicates an organization's reason for being?
A) Strategy
B) Tactic
C) Mission
D) Diversity
E) Profitability
Answer: C
Explanation: C) Every enterprise has a purpose, or a reason for being. Many enterprises also have missions and mission statements, statements of how they will achieve their purposes in the environments in which they conduct their businesses.
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The processes involved in the manufacturing cycle include
A) order trigger. B) production scheduling. C) order fulfillment. D) order entry.
Preferred stock is called a hybrid security because
A) it is most frequently issued by hybrid seed-producing companies. B) it has the same features as common stock but offers a greater dividend. C) it has characteristics of both common stock and bonds. D) it has the same features as bonds but offers a share in the issuer's earnings.