We believe that there is no “one best approach” to organizing. We also know that our corporate environment is changing dramatically. Perhaps we should take a clear look at the entire organizational process. Which process are we involved with?
a. downsizing
b. delegation
c. centralization
d. re engineering
e. decentralization
d. re engineering
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Which of the following would answer the phone for Victoria when she is having a conference with a client?
A) fax machine B) electronic mail C) voice mail system D) audiovisual equipment E) personal digital assistant
The materials requisition serves as the source document for debiting the accounts in the materials ledger
Indicate whether the statement is true or false
GATS differs from NAFTA in that GATS _______
A. specifically defines four basic modes of supply B. does not allow its members to make their sector list restrictive C. does not grant non-members the right to be free from performance requirements D. does not deal with services generally, but rather by sectors.
Golden Enterprises started the year with the following: Assets $113,000; Liabilities $39,500; Common Stock $69,500; Retained Earnings $4000. During the year, the company earned revenue of $6000, all of which was received in cash, and incurred expenses of $3500, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2000 to owners. Assume no other activities occurred during the year. What was the amount of Golden's net income for the year?
A. $3500 B. $2500 C. $6000 D. $2000