Question 1

In the context of a balance sheet, goodwill represents

Accepted Answer

A)  a premium paid over the book value of an acquisition. 
B)  the value attached to a firm's reputation. 
C)  the excess of assets over liabilities. 
D)  the value associated with benefits from environmental programs. 
E)  the excess of current assets over liabilities. 
A)  a premium paid over the book value of an acquisition. 
B)  the value attached to a firm's reputation. 
C)  the excess of assets over liabilities. 
D)  the value associated with benefits from environmental programs. 
E)  the excess of current assets over liabilities.

Question 2

All of the following are examples of marketing decisions that may require policies EXCEPT

Accepted Answer

A)  to be a market leader or follower. 
B)  how to make advertisements more interactive to be more effective. 
C)  to offer a complete or limited warranty. 
D)  to use heavy, light, or no TV advertising. 
E)  to use exclusive dealerships or multiple channels of distribution. 
A)  to be a market leader or follower. 
B)  how to make advertisements more interactive to be more effective. 
C)  to offer a complete or limited warranty. 
D)  to use heavy, light, or no TV advertising. 
E)  to use exclusive dealerships or multiple channels of distribution.

Question 3

A benefit of using projected balance sheets and income statements is that

Accepted Answer

A)  the impact of various implementation decisions can be forecasted. 
B)  money can be put aside to pay future income taxes. 
C)  insurance needs can be computed. 
D)  it is useful in analyzing past performance. 
E)  all of the above 
A)  the impact of various implementation decisions can be forecasted. 
B)  money can be put aside to pay future income taxes. 
C)  insurance needs can be computed. 
D)  it is useful in analyzing past performance. 
E)  all of the above

Question 4

What is a central strategy-implementation technique that allows an organization to examine the expected results of various actions and approaches?

Accepted Answer

A)  EPS/EBIT 
B)  Financial budgeting 
C)  TOWS analysis 
D)  Projected financial statement analysis 
E)  External analysis 
A)  EPS/EBIT 
B)  Financial budgeting 
C)  TOWS analysis 
D)  Projected financial statement analysis 
E)  External analysis

Question 5

The only costs involved in going public are the initial costs.

Accepted Answer

A) True 
 B)False

Question 6

A financial budget is a document that details how funds will be obtained and spent for a specified period of time.

Accepted Answer

A) True 
 B)False

Question 7

An EPS/EBIT chart can be constructed to determine the break-even point, where one financing alternative becomes more attractive than another.

Accepted Answer

A) True 
 B)False

Question 8

Which method of determining a firm's net worth divides the market price of the firm's stock by the annual earnings per share, and multiplies this number by the firm's average net income for the past five years?

Accepted Answer

A)  Debt/equity method 
B)  Current ratio method 
C)  Price-earnings ratio method 
D)  Long-term asset method 
E)  Outstanding shares method 
A)  Debt/equity method 
B)  Current ratio method 
C)  Price-earnings ratio method 
D)  Long-term asset method 
E)  Outstanding shares method

Question 9

Although cash budgets can be a useful financial tool, publicly held companies are not required to complete them.

Accepted Answer

A) True 
 B)False

Question 10

What entails developing schematic representations that reflect how your products or services compare to competitors' on dimensions most important to success in the industry?

Accepted Answer

A)  Perceptual mapping 
B)  Market segmentation 
C)  Market penetration 
D)  Unrelated diversification 
E)  Capital budgeting 
A)  Perceptual mapping 
B)  Market segmentation 
C)  Market penetration 
D)  Unrelated diversification 
E)  Capital budgeting

Question 11

When performing projected financial analysis, the balance sheet should be prepared before the income statement.

Accepted Answer

A) True 
 B)False

Question 12

Which of these is the most common type of budgeting time frame?

Accepted Answer

A)  Daily 
B)  Quarterly 
C)  Annual 
D)  Every decade 
E)  Monthly 
A)  Daily 
B)  Quarterly 
C)  Annual 
D)  Every decade 
E)  Monthly

Question 13

Which variable would be considered part of the "product" element of the marketing mix?

Accepted Answer

A)  Advertising 
B)  Packaging 
C)  Payment terms 
D)  Inventory levels and location 
E)  Publicity 
A)  Advertising 
B)  Packaging 
C)  Payment terms 
D)  Inventory levels and location 
E)  Publicity

Question 14

Return on assets is the most widely used technique for determining whether debt, stock, or a combination of debt and stock is the best alternative for raising capital to implement strategies.

Accepted Answer

A) True 
 B)False

In the context of a balance sheet, goodwill represents

All of the following are examples of marketing decisions that may require policies EXCEPT

A benefit of using projected balance sheets and income statements is that

What is a central strategy-implementation technique that allows an organization to examine the expected results of various actions and approaches?

The only costs involved in going public are the initial costs.

A financial budget is a document that details how funds will be obtained and spent for a specified period of time.

An EPS/EBIT chart can be constructed to determine the break-even point, where one financing alternative becomes more attractive than another.

Which method of determining a firm's net worth divides the market price of the firm's stock by the annual earnings per share, and multiplies this number by the firm's average net income for the past five years?

Although cash budgets can be a useful financial tool, publicly held companies are not required to complete them.

What entails developing schematic representations that reflect how your products or services compare to competitors' on dimensions most important to success in the industry?

When performing projected financial analysis, the balance sheet should be prepared before the income statement.

Which of these is the most common type of budgeting time frame?

Which variable would be considered part of the "product" element of the marketing mix?

Return on assets is the most widely used technique for determining whether debt, stock, or a combination of debt and stock is the best alternative for raising capital to implement strategies.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Strategy Review, Evaluation, and Control

Business Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters

Exam 8: Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issues

In the context of a balance sheet, goodwill represents

All of the following are examples of marketing decisions that may require policies EXCEPT

A benefit of using projected balance sheets and income statements is that

What is a central strategy-implementation technique that allows an organization to examine the expected results of various actions and approaches?

The only costs involved in going public are the initial costs.

A financial budget is a document that details how funds will be obtained and spent for a specified period of time.

An EPS/EBIT chart can be constructed to determine the break-even point, where one financing alternative becomes more attractive than another.

Which method of determining a firm's net worth divides the market price of the firm's stock by the annual earnings per share, and multiplies this number by the firm's average net income for the past five years?

Although cash budgets can be a useful financial tool, publicly held companies are not required to complete them.

What entails developing schematic representations that reflect how your products or services compare to competitors' on dimensions most important to success in the industry?

When performing projected financial analysis, the balance sheet should be prepared before the income statement.

Which of these is the most common type of budgeting time frame?

Which variable would be considered part of the "product" element of the marketing mix?

Return on assets is the most widely used technique for determining whether debt, stock, or a combination of debt and stock is the best alternative for raising capital to implement strategies.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Strategy Review, Evaluation, and Control

Business Ethics, Social Responsibility, and Environmental Sustainability

Global and International Issues

Filters