Residual income:
A) is an alternative to ROI for manager performance evaluation..
B) is the amount of income earned in excess of a predetermined minimum level of return on assets.
C) is equal to ROI - (Average operating assets x Minimum required rate of return)
D) both A and B.
D
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Order entry is the initial function in the revenue cycle.
Answer the following statement true (T) or false (F)
When hiring employees, most hospitality organizations would say that ______.
a. Attitude is more important than skill. b. Knowledge is more important than abilities. c. Abilities is more important than attitude. d. Skills are more important the abilities.
Derek, Samantha, Raj, and Amira are on a team for their Strategy class. It is a capstone class that involves a semester-long project which will be 50 percent of their grade. All four students have heavy class loads and plan to apply to MBA programs. Derek and Amira think that they would like to go to a business school that emphasizes project-based learning. Raj is more concerned about getting his GPA up. Samantha has emerged as team leader. How can she keep everyone motivated?
What will be an ideal response?
Which of the following concepts relates to how pay rates differ across individuals?
A. pay inequity B. pay dispersion C. pay perception D. pay priority