Which of the following is an advantage of the budgeting process?
A) It requires very little input from various departmental managers, leaving them more time to devote to day-to-day activities.
B) It can define specific goals and objectives that may be used in evaluating future job performance.
C) It forces management to focus on the past and not be distracted by the day-to-day operations of the business.
D) It requires no communication between various managers in the organization.
B
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Answer the following statements true (T) or false (F)
1. The primary reason that businesses keep their cash in a bank account is the ability to earn interest. 2. Cash is the most liquid asset reported on the balance sheet because it is the medium of exchange. 3. A signature card is a card that shows each authorized person's signature for a bank account. 4. As proof of the deposit transaction, a customer receives a canceled check from the bank.
Stereotyping, symbols, semantics, peer groups, and the media cannot influence personal biases; people are born with them
Indicate whether the statement is true or false
Total quality management (TQM) refers to a(n) ________ that is dedicated to continuous improvement and the production of high-quality products and services, ultimately resulting in higher levels of customer satisfaction.
A. organizational culture B. organized ethos C. job philosophy D. job design
Which of the following are activities that should be conducted during sustaining the change?
A. choosing successors B. launching more new initiatives C. both A and B D. neither A nor B