IDIS 364 EXAM 1 QUESTIONS WITH
COMPLETE SOLUTIONS8
what are the three ways to get the most out of revenue growth mgmt - ANSWERS-sales
finance
marketing
why is revenue growth mgmt good for a distributor - ANSWERS-It shows we are successful and
making money
Financial mangement stool - ANSWERS-1. current expenses
2. current debts
3. savings plan
current expenses examples - ANSWERS-utilities, rent salaries (must be met)
Current debts exampls - ANSWERS-1. short term; borrowed money need to re pay
2. long term; student loans, car loans
rainy day savings - ANSWERS-flat tire, for emergencys. unexpected
long term savings - ANSWERS-new car
privately held - ANSWERS-mom and pop
decisions made by owners
, financial info is private
publicaly held - ANSWERS-owned by shareholders/stockholders
shareholders make decisions
financial info is public
who are the shareholders - ANSWERS-anyone who invests in the company
they value ROI
they invest to get their money back
what do shareholders value - ANSWERS-1. ROI
2. not always financial reason (monetarily)
--benefit of being associated with organization
-benefits others in society
what is monetarily value - ANSWERS-sentimental value
what is the purpose of a firm - ANSWERS-to maximize value for its shareholders
how is value maximized - ANSWERS-when product or service is offered at a lower cost than the
benefit provided
EX: remolding a home for 100, increasing the value by 400
how is value measured - ANSWERS-value is determined by an individual
all financial decisions have risk - ANSWERS-true
COMPLETE SOLUTIONS8
what are the three ways to get the most out of revenue growth mgmt - ANSWERS-sales
finance
marketing
why is revenue growth mgmt good for a distributor - ANSWERS-It shows we are successful and
making money
Financial mangement stool - ANSWERS-1. current expenses
2. current debts
3. savings plan
current expenses examples - ANSWERS-utilities, rent salaries (must be met)
Current debts exampls - ANSWERS-1. short term; borrowed money need to re pay
2. long term; student loans, car loans
rainy day savings - ANSWERS-flat tire, for emergencys. unexpected
long term savings - ANSWERS-new car
privately held - ANSWERS-mom and pop
decisions made by owners
, financial info is private
publicaly held - ANSWERS-owned by shareholders/stockholders
shareholders make decisions
financial info is public
who are the shareholders - ANSWERS-anyone who invests in the company
they value ROI
they invest to get their money back
what do shareholders value - ANSWERS-1. ROI
2. not always financial reason (monetarily)
--benefit of being associated with organization
-benefits others in society
what is monetarily value - ANSWERS-sentimental value
what is the purpose of a firm - ANSWERS-to maximize value for its shareholders
how is value maximized - ANSWERS-when product or service is offered at a lower cost than the
benefit provided
EX: remolding a home for 100, increasing the value by 400
how is value measured - ANSWERS-value is determined by an individual
all financial decisions have risk - ANSWERS-true
