Determine the dollar amount of revenues for a venture with the following financial information: net profit = $60,000; assets turnover = 1.5 times; and return on assets 30%

One result of proliferating new channels is that many companies are able to reduce the size of their sales force.

a. true b. false

How do the roles of top managers differ from middle managers?

A) The amount of time allowed for decisions. B) The magnitude of the decisions being made. C) The ability to hire and fire employees. D) Their representation of the company to stakeholders. E) Their ability to translate strategic goals into action.