Which of the following events will cause a business's ROE to be lower than the year before, all else the same?
a) its bank charges a higher interest rate
b) company retained earnings from the year before
c) price it receives for its product is lower
d) employees are paid more per hour
e) the percentage of customer sales that become accounts receivable is greater
Answer:
a) its bank charges a higher interest rate
b) company retained earnings from the year before
c) price it receives for its product is lower
d) employees are paid more per hour
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Which of the following is generally not a type of court-related ADR?
a. Early neutral evaluation b. Binding arbitration c. Nonbinding arbitration d. Summary trial e. None of the above; they are all common types of court-related ADR
Which one of the following best describes a conglomerate structure?
A) Work is divided into subunits on the basis of such functions as manufacturing, marketing, finance, and human resources. B) This is most appropriate for large corporations with many product lines in several related industries, with employees acting as functional specialists attempting to gain synergy among divisional activities. C) This is most appropriate for small, entrepreneur-dominated companies with one or two product lines that operate in a small niche market, with employees acting as jack-of-all trades. D) Employees have two or more superiors, a project manager and a functional manager. E) This is most appropriate for large corporations with many product lines in several unrelated industries; unrelatedness prevents any attempt at gaining synergy among the divisions.