While strategic management is a process, strategy formulation is a way of thinking.
Indicate whether the statement is true or false
Net present value (NPV) measures:
a. the return on an equity
b. the return on capital
c. the return on an asset
d. the return on an investment
Available-for-sale securities that are purchased with the intention to resell them at a time further than a year away should be listed on the balance sheet as:
a. Bonds.
b. Trading Securities.
c. Short-Term Investments.
d. Investments.
Which of the following is not a part of Cage Operations?
a. soft count
b. hard count
c. vault
d. drop team
e. soft drop
Managers should consider some factors when making investments EXCEPT:
a. the capital outlay
b. quality and life of investment materials
c. new ideas
d. design, engineering and construction
Both routine objectives and exceptional objectives should meet certain criteria: measurable, time oriented and obtainable. In this ever changing world, to be obtainable is the most challenging of the three criteria.
Indicate whether the statement is true or false
Explain the impact of effective tax management and planning.
What will be an ideal response?
The Philly Corporation invested 500,000 in 30 percent of Ecco's common stock. The Philly Corporation accounts for investment with the equity method. During 20X4, Ecco reported profits of 100,000 and paid cash dividends of 50,000 .
At the end of 20X4, Philly's investment account for Ecco would have a balance of: a. 500,000.
b. 515,000.
c. 530,000.
d. 150,000.
What is the main objective of the security department? What are some of its duties?
What will be an ideal response?
Objectives of the firm can fall into two major categories: routine and exceptional. The routine objectives generally focus on the efforts of the firm to create new products and services.
Indicate whether the statement is true or false