× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
New Topic  
keant2 keant2
wrote...
Posts: 360
Rep: 0 0
6 years ago
If the firm's sales forecast is very positive, then sales objectives should also be very positive. This is an example of which of the following factors?
 a. industry average c. forecasted sales
  b. anticipated sales d. anticipated market changes

Question 2

If the industry at large has an average gross profit margin of 35 percent and the firm has averaged 30 percent for the past 5 years, then next year's gross margin should be somewhere between 30 and 35 percent. This is an example of which of the following factors?
 a. anticipated profit c. anticipated market changes
  b. industry average d. past profit

Question 3

Which of the following is not a factor to consider in setting corporate objectives?
 a. industry average profit c. anticipated profit
  b. forecasted profit d. All of the above are valid factors.

Question 4

In the context of setting corporate objectives, anticipated changes within the firm may affect all of the following except
 a. future profit c. future price
  b. future sales d. future market share

Question 5

In the context of setting corporate objectives, anticipated market changes may affect all of the following except
 a. future profits c. future market share
  b. future sales d. All of the above are valid answers.

Question 6

In the context of setting corporate objectives, which of the following anticipated factors of key competitors is not a consideration?
 a. sales c. market share
  b. profit d. All of the above are valid.
Read 47 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
Answer to #1

C
Forecast figures can help the manager set the desired objective level.

Answer to #2

B
The industry average of sales, market share, profit, and cash flow can help the manager decide what the desired level should be.

Answer to #3

A
See Table 13-1

Answer to #4

C
Anticipated changes within the firm may affect future profit, sales, and market share.

Answer to #5

D
Anticipated market changes may affect future profit, sales, and market share.

Answer to #6

D
Anticipated profit, sales, and market share of key competitors are important.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  918 People Browsing
Related Images
  
 225
  
 180
  
 308
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 379