Author Question: MCB Company experienced a significant increase in sales as a result of its new promotional campaign. ... (Read 82 times)

jasdeep_brar · **on:** Jul 14, 2018

MCB Company experienced a significant increase in sales as a result of its new promotional campaign. Yesterday, however, it realized that because most of those sales were on credit, it did not have enough money in the bank to pay this month's bills. MCB can take care of this situation temporarily by:
A) obtaining long-term financing.
B) selling commercial drafts.
C) issuing stock.
D) disallowing credit sales.
E) obtaining short-term financing.

Question 2

After completing this year's round of performance appraisals, the management team decided to revamp the company's orientation and training programs. Revamping the training is an example of using performance appraisal to accomplish the objective of:
A) evaluating performance against standards.
B) making personnel decisions.
C) recruiting more competitively.
D) assessing HRM practices.
E) improving job analysis processes.