The strategic planning and budgeting of short- and long-term funds for current and future needs is called ________ management
A) product
B) strategic
C) needs
D) financial
E) accounting
D
Explanation: D) Without good financial controls and planning, a company will not be able to respond to unexpected challenges or planned expansion. Financial management involves the strategic planning and budgeting of short- and long-term funds for current and future needs. Tracking past financial transactions, controlling current revenues and expenses, and planning for future financial needs of the company are the foundation of financial management.
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Despite her interest in sales, Roni is concerned when she learns that, on average, female salespeople make less money than male salespeople do. Which one of the following statements is most likely true?
A) Male salespeople have controlled the industry for almost a century, so there is no reason to think female salespeople will ever be able to equal male earnings. B) Male salespeople would like to earn salaries equal to the salaries of female salespeople, but industry regulations have set their starting salaries at unequal rates. C) Female salespeople will never earn as much as male salespeople will in certain industries, such as heavy industry and transportation. D) Female salespeople make less money than male salespeople do because they must take care of their families and therefore cannot be as focused on their jobs as men are. E) The difference between the average earnings of female and male salespeople is less than the difference between the average earnings of female and male workers in other professions.
The first unit took 10 hours and the third unit took 5.68 hours. What is the improvement rate?
A) 70% B) 30% C) 50% D) 90% E) 10%