In today's business climate, what is the recommended way to do planning?
a. as a top-down process in which the highest-level executives decide what to do
b. as a continual process that uses the input of people throughout the organization
c. as a process in which middle managers and top executive collaborate in decision makingn
d. as a process by which top executives make proposals and all levels of the company vote on them
e. as a bottom-up process in which all proposals must come from frontline employees or managers

Match the steps for conducting an informational interview with the tasks in each step.

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?