CBM

Target levels for each category of current assets and how current assets will be financed are the firm’s basic policies for:A . Net working capitalB . Working capital policyC . Strategic policy decisionsD . Working capital managementView AnswerAnswer: B

What is based on the presumption that it is determined by what a customer wants?A . PropertyB . TraitC . SuperiorityD . QualityView AnswerAnswer: D

Effective leadership requires which core leadership skills?A . vision, empowerment, intuition, self-understanding, and value congruenceB . vision, mission, intuition, process-control, and value congruenceC . mission, empowerment, perception, self-understanding, and value congruenceD . mission, presentiment, intuition, self-understanding, and correspondenceView AnswerAnswer: A

Who was the first PC manufacturer to use the Web to take customer orders?A . DellB . SonyC . ToshibaD . CompaqView AnswerAnswer: A

Working capital management involves management of the current assets and the current liabilities of a firm.A . TrueB . FalseView AnswerAnswer: A

What refers to both incremental improvements that are small and gradual as well as break through, and large and rapid, improvement?A . Continuous improvementB . Re-growthC . Streamlined improvementD . Rationalized improvementView AnswerAnswer: A

What is used to designate any debt sold in a country other than the one in whose currency the debt is denominated?A . Euro-debtB . Foreign debtC . Bell debtD . Exotic debtView AnswerAnswer: A

The difference between the balance shown in a firm’s checkbook and the balance in the bank’s records is called:A . FloatB . SoarC . GlideD . DriftView AnswerAnswer: A

According to _______________, quality is innate excellence and can be recognized only through experience.A . Awe-inspiring viewB . Transcendent viewC . Magnificent viewD . Uplifting viewView AnswerAnswer: B

The formula to calculate the return on quality is:A . ROQ = (NPV of benefits / NPV of costs) C 1.00 * 365B . ROQ = (NPV of benefits / NPV of costs) C 0.05C . ROQ = (NPV of benefits / NPV of costs) C 1.00D . ROQ =...