商学导论练习册判断

Accounting is the summary and analysis of a firm’s financial condition.Bookkeeping is the recording of a firm’s financial transactions.A balance sheet reports the book value of a firm’s assets, liabilities, and owner’s equity. Financial leverage represents the degree to which a firm uses borrowed funds to finance its assets. The promotion mix is the combination of promotion methods that a firm uses to increase ….The Internet, magazines, direct mail, and TV are all forms of advertising.A key to successful selling is the follow-up service to customers provided by salespeople.One factor that will influence the size of the promotion budget for a product is the phase…Small business firms that produce only a few products typically use a two-level channel of…. Products that are standardized are more likely to involve intermediaries.\One reason firms may choose an exclusive distribution strategy is to create or maintain…A lengthy distribution process adversely affects a firm’s performance.Wholesalers commonly offer manufactures sales expertise.Manufacturers can vertically integrate their operations by establishing retails stores.As new consumer needs are identified, firms tend to expand both their product…Demographics can be used to indentify a target market.A change in interest rates can have a major impact on consumer demand.A change in credit terms can affect a firm’s sales.Warranties can be used to achieve product differentiation.One task of HR planning is recruiting.Firms tend to avoid hiring new full-time workers to meet temporary needs…A job satisfaction states the credentials necessary to qualify for the position.Federal laws make it illegal to discriminate on the basis of factors not related …The overall performance evaluation of most employees is based on multiple…Employees perceive performance evaluation as a method for allocating wage increases. Negative reinforcement motivates employees by encouraging them to behave..Most compensation plans that tie pay to performance are intended to motivate …An across-the-board system is appropriate when all employees deserve the same reward for …Open-book management encourages employees to make decisions and conduct tasks as if …A work station is an area in which one or more employees is assigned a specific task.Design and layout decisions will have an impact on operating expenses.Inventories of partially completed products are called work-in-process.Quality control can be measured by assessing the various characteristics that enhance customer…Downsizing has enabled firms to reduce the amount of salary expense required.An organization chart shows the interaction among employee responsibilities.An organizational structure indentifies the responsibilities of each job position and …An organizational structure that is designed to have each manager supervise just a few employee... An advantage of a firm’s organizational structure is that it encourages the formation of friend…. When a firm is departmentalized by location, its expenses involved in each location can be …A firm’s mission statement will identify the goals of the firm.Leading is the management function that provides employees with the instructions they need…A U.S firm with several foreign subsidiaries should vary its leadership style in the different…The free-rein leadership style is more appropriate than the autocratic style if employees are…In a small business, the owner may frequently perform all the management functions .The cost of labor is high in industries that require specialized skills.All industries are subject to some form of government regulation.Market share refers to an individual firm’s sales expressed as a proportion of the total market.. Diversification can reduce a firm’s exposure to poor performance in a particular market. Improved product quality can create a competitive advantage for a firm.A business plan is intended to provide information for potential investors or creditors of …If the board of directors becomes displeased with the performance of the key officers, the …Publicly held corporations can obtain additional funds by issuing new common stock.Publicly held corporations are required to disclose financial information to the investing public…To incorporate a business, one must adopt a corporate charter and file it with the state government. Distributorships, chain-style businesses, and manufacturing arrangements are all common types.. An important reason U.S firms establish new businesses in less-developed countries is to capitaliz. Land and labor costs can vary significantly among countries.A tax placed on imported goods is called a tariff.A firm’s performance in a foreign country is dependent on that country’s economic growth.If firms overestimate the economic growth in a particular country, they will normally overestimate Economic growth represents the change in the general level of economic activity.The total amount of expenditures in the economy is known as aggregate expenditures.The demand for a product can be shown with a demand schedule, which indicates the quantity .. The Federal reserve system sets the monetary policy that determines the money supply in US. The Fed affects interest rates by changing the supply of funds banks can loan.The responsibility of firms toward customers can be enforced by specific groups of customers. The government protects consumers by regulating the quality of some products that firms produce, Deregulation results in lower prices for customers.In recent years, stockholders have been active in trying to influence a firm’s management practices An attempt by a firm to maximize social responsibility to the community may reduce the firm’s …The goal of a firm’s management is to maximize the firm’s value, which is in the best interests..A firm must satisfy its customers by providing the products or services that customers desire at.. Managers use accounting to monitor and assess the performance of a business.A creditor is a person or institution that lends money to a firm.Assessing the business environment includes information from industry, economic, and global..。