Peters and Waterman’s book was entitled In Search of ______.
a. Wisdom
b. Nirvana
c. Excellence
d. The Holy Grail
c. Excellence
You might also like to view...
Walter Shewhart is listed among the important people of operations management because of his contributions to:
A) assembly line production. B) measuring productivity in the service sector. C) just-in-time inventory methods. D) statistical quality control. E) information technology.
The financial decision makers find NPV more intuitive because it measures benefits relative to the amount invested
Indicate whether the statement is true or false
With regard to trend analysis over time, which of the following statements is TRUE?
A) We often look at the past five years of financial statements to establish trends and then predict future performance based on these trends. B) To look at trends over time requires that we examine a financial statement at one point in time. C) The net income last year was $20,000 and the past five years has shown an increase of 10% on average for each of these five years. The predicted net income for next year is still $20,000. D) It is better to predict future performance by basing it solely on net income than on all the individual accounts.
Which of the following statements regarding risk-averse investors is true?
A. They only care about the rate of return. B. They accept investments that are fair games. C. They only accept risky investments that offer risk premiums over the risk-free rate. D. They are willing to accept lower returns and high risk. E. They only care about the rate of return, and they accept investments that are fair games.