Which of the following provides an example of a common drawback of a functional strategy?
A. Marietta was surprised about the inflexibility of her firm when it rejected her marketing plan.
B. Juan's manager dismissed his idea because it was too innovative.
C. Bert had a difficult time communicating efficiently with the manager of another department.
D. Mary did not accept the position with the firm because it has an ineffective cost-leadership strategy.
Answer: C
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Google made a pledge to investors when it went public to reserve 1% of its profit and equity to “make the world a better place.” This is an example of corporate
a. fairness. b. correctness. c. greenworks. d. philanthropy. e. sustainability.
Brands can be owned by
A. private-label generic retailers only. B. retailers only. C. any firm in the supply chain. D. wholesalers and retailers only. E. manufacturers only.
Which of the following correctly describes the accounting for factory depreciation?
A) Factory depreciation is a product cost and is expensed as incurred. B) Factory depreciation is a period cost and is expensed as incurred. C) Factory depreciation is a product cost and is expensed when the manufactured product is sold. D) Factory depreciation is a period cost and is expensed when the manufactured product is sold.
A financial assessment of a not-for-profit organization's near future (for one or two years ahead) is a(n):
A) business plan. B) annual plan. C) resource plan. D) financial budget.