Question 1

What is a limitation of using financial budgets?

Accepted Answer

A)  They can be so detailed that they are cumbersome and expensive. 
B)  They can become a substitute for objectives. 
C)  They can hide inefficiencies if done only on precedent. 
D)  They are sometimes used as instruments of tyranny. 
E)  All of the above 
A)  They can be so detailed that they are cumbersome and expensive. 
B)  They can become a substitute for objectives. 
C)  They can hide inefficiencies if done only on precedent. 
D)  They are sometimes used as instruments of tyranny. 
E)  All of the above

Question 2

It is generally not recommended for companies with less than $10 million in sales to go public.

Accepted Answer

A) True 
 B)False

Question 3

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 4

Which of the following is true about two different market segments?

Accepted Answer

A)  They can usually be served with the same marketing strategy. 
B)  They usually require different marketing strategies. 
C)  They are always in different geographic locations. 
D)  They are usually interchangeable. 
E)  All of the above 
A)  They can usually be served with the same marketing strategy. 
B)  They usually require different marketing strategies. 
C)  They are always in different geographic locations. 
D)  They are usually interchangeable. 
E)  All of the above

Question 5

A major effort in R&D may be very risky if technology is changing rapidly and the market is growing slowly.

Accepted Answer

A) True 
 B)False

Question 6

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 7

A conservative rule of thumb is to establish a business' worth as ________ the firm's current annual profit.

Accepted Answer

A)  twice 
B)  three times 
C)  five times 
D)  ten times 
E)  fifteen times 
A)  twice 
B)  three times 
C)  five times 
D)  ten times 
E)  fifteen times

Question 8

The most dramatic new market-segmentation strategy is the targeting of regional tastes.

Accepted Answer

A) True 
 B)False

Question 9

Looking for a vacant niche helps a company determine

Accepted Answer

A)  its advertising budget. 
B)  the size of the marketing department. 
C)  the best place to position a product. 
D)  the best place to locate a new facility. 
E)  its projected R&D expenditures. 
A)  its advertising budget. 
B)  the size of the marketing department. 
C)  the best place to position a product. 
D)  the best place to locate a new facility. 
E)  its projected R&D expenditures.

Question 10

In the low earnings period, too much ________ in the capital structure of an organization can endanger stockholders' return and jeopardize company survival.

Accepted Answer

A)  debt 
B)  liquidity 
C)  equity 
D)  cash 
E)  tax liability 
A)  debt 
B)  liquidity 
C)  equity 
D)  cash 
E)  tax liability

Question 11

The most common type of financial budget is the capital budget.

Accepted Answer

A) True 
 B)False

Question 12

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 13

Editorial content and advertising content are increasingly being mixed on blogs.

Accepted Answer

A) True 
 B)False

Question 14

A current trend in R&D management involves the lifting of the veil of secrecy whereby firms, even major competitors, are joining forces to develop new products.

Accepted Answer

A) True 
 B)False

Question 15

The only reasons businesses have for determining their worth is preparing to be sold or to buy other companies.

Accepted Answer

A) True 
 B)False

Question 16

Explain how to perform a projected financial analysis.

Accepted Answer

The steps to performing a projected fina

Question 17

Although there are many marketing variables that impact the success or failure of strategy-implementation efforts, two variables are central to the process. What are these variables? Discuss why they are so important.

Accepted Answer

Two variables of central importance to s

Question 18

In preparing projected statements, to project cost of goods sold and the expense items in the income statement, which of these methods is recommended?

Accepted Answer

A)  Determining the net worth method 
B)  What a firm earns method 
C)  Percentage-of-sales method 
D)  Price-earnings ratio method 
E)  Outstanding shares method 
A)  Determining the net worth method 
B)  What a firm earns method 
C)  Percentage-of-sales method 
D)  Price-earnings ratio method 
E)  Outstanding shares method

Question 19

Limiting an organization's expenditures is the primary purpose of financial budgets.

Accepted Answer

A) True 
 B)False

Question 20

Additional capital is often required for successful strategy implementation.

Accepted Answer

A) True 
 B)False

What is a limitation of using financial budgets?

It is generally not recommended for companies with less than $10 million in sales to go public.

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

Which of the following is true about two different market segments?

A major effort in R&D may be very risky if technology is changing rapidly and the market is growing slowly.

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

A conservative rule of thumb is to establish a business' worth as ________ the firm's current annual profit.

The most dramatic new market-segmentation strategy is the targeting of regional tastes.

Looking for a vacant niche helps a company determine

In the low earnings period, too much ________ in the capital structure of an organization can endanger stockholders' return and jeopardize company survival.

The most common type of financial budget is the capital budget.

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

Editorial content and advertising content are increasingly being mixed on blogs.

A current trend in R&D management involves the lifting of the veil of secrecy whereby firms, even major competitors, are joining forces to develop new products.

The only reasons businesses have for determining their worth is preparing to be sold or to buy other companies.

Explain how to perform a projected financial analysis.

Although there are many marketing variables that impact the success or failure of strategy-implementation efforts, two variables are central to the process. What are these variables? Discuss why they are so important.

In preparing projected statements, to project cost of goods sold and the expense items in the income statement, which of these methods is recommended?

Limiting an organization's expenditures is the primary purpose of financial budgets.

Additional capital is often required for successful strategy implementation.

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 Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

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Exam 8: Implementing Strategies: Marketing, Financeaccounting, RD, and MIS Issues

What is a limitation of using financial budgets?

It is generally not recommended for companies with less than $10 million in sales to go public.

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

Which of the following is true about two different market segments?

A major effort in R&D may be very risky if technology is changing rapidly and the market is growing slowly.

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

A conservative rule of thumb is to establish a business' worth as ________ the firm's current annual profit.

The most dramatic new market-segmentation strategy is the targeting of regional tastes.

Looking for a vacant niche helps a company determine

In the low earnings period, too much ________ in the capital structure of an organization can endanger stockholders' return and jeopardize company survival.

The most common type of financial budget is the capital budget.

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

Editorial content and advertising content are increasingly being mixed on blogs.

A current trend in R&D management involves the lifting of the veil of secrecy whereby firms, even major competitors, are joining forces to develop new products.

The only reasons businesses have for determining their worth is preparing to be sold or to buy other companies.

Explain how to perform a projected financial analysis.

Although there are many marketing variables that impact the success or failure of strategy-implementation efforts, two variables are central to the process. What are these variables? Discuss why they are so important.

In preparing projected statements, to project cost of goods sold and the expense items in the income statement, which of these methods is recommended?

Limiting an organization's expenditures is the primary purpose of financial budgets.

Additional capital is often required for successful strategy implementation.

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 Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters