Although mcdonald's (opening case) is competing in an unattractive industry, it has improved its performance by focusing on product innovations and by enhancing existing facilities. this improved performance is best explained by:

Zenya is the founder of an online service that allows users to rent out spare rooms in their homes. She has hired a number of extremely bright employees whose opinions are central to the company's success in the fast-paced online services industry.

Which of the following industries is not included in the service-providing cluster? Select the best answer choice. A) Transportation and Utilities B) Manufacturing C) Government D) Professional and Business Services

How does bad debt expense is reported on the income statement?

All the following represents components (i. e., tools) of quality management, except: a. Check Sheets b. Histograms c. Critical Path Analysis d. Scatter Diagrams

Which data is an example of a business form A:resume B: timesheet C:pic chart D: master data

The balanced scorecard approach uses only financial measures to evaluate performance. uses rather vague, open statements when setting objectives in order to allow managers and employees flexibility.

In the open economy of Sildavia, government spending during 2005 was $30 billion, consumption was $70 billion, taxes were $20 billion, and GDP was $100 billion.

Ridiculousness, Inc., has sales of $49,000, costs of $22,600, depreciation expense of $2,150, and interest expense of $1,900. If the tax rate is 21 percent, what is the operating cash flow, or OCF?

A common measure of liquidity is a. the accounts receivable turnover. b. dividends per share of common stock. c. the asset turnover ratio. d. the profit margin.

Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock in the future at a price equal to the fair value of the stock at the date of the grant.