The main concern of executives when designing a management support system (MSS) is <em>b. getting the information they need in the simplest way.</em>
A management support system provides managerial information resources to enable management <em>to plan, make decisions, and manage the organizational activities to achieve goals.</em>
Executives' main concern with the design of a management support system <u>is not</u> to:
- Identify unquantifiable benefits
- Get support from all employees
- Get technically-advanced information.
Thus, the concern of executives during the design of a management support system is to get needed information <em>most simply.</em>
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Answer:
d. It does not guarantee media time and space.
Explanation:
<em>MPR(Marketing public relations):</em>
The is the combination of marketing and public relation to generate awareness and positive responses to products, services and businesses. Marketing public relation has come into existence due to the increased saturation of markets and the difficulties it creates in reaching out to the customers. The traditional forms of marketing are yielding lower and lower returns, thereby requiring companies to use more innovative methods of reaching potential customers.
<u><em>Below are some of the Advantages of Marketing public relations:</em></u>
1. Marketing public relation Planning and Management
2. Media Relations
3. Producing Publicity
4. Producing Publications
5. Corporate Communications
6. Lobbying
7. Crisis Management
8. Research and Analysis
9. Marketing Public Relations Audience
10. Implementing Marketing Public Relations
<u><em>Some of the disadvantages includes:</em></u>
1) No standard effectiveness measures
2) Lack of control over the media
3) Difficult to tie in slogans and other advertising devices
4) Media time and space are not guaranteed
<em> </em>
<span>This is the principal-agent problem. This occurs when an individual is able to make decisions or choices that impact others at the company or in fact the company as a whole.</span>
Answer:
Mandatory
Explanation:
The mandatory spending accounts for around two-thirds of the federal budget and is determined by existing laws that constitute programs such as the social secutity program.
Answer:
Blue Flower Company
Current Ratio = Current Assets/Current Liabilities
= $100,000/$60,000
= 1.67 : 1
This ratio implies that Blue Flower Company can pay its current or short-term liabilities 1.67 times, using its current assets, made up of cash, receivables, and inventory, including short-term investments.
Explanation:
a) Data and Calculation:
Cash and short-term investments $45,000
Accounts receivable (net) 30,000
Inventory 25,000
Total current assets $100,000
Current liabilities = $60,000
b) Blue Flower's Current Ratio is a financial measure of the company's ability to settle maturing current liabilities (obligations) with its current assets without resorting to sale of long-term assets.
