External change agents are often hired because of which of the following strengths?
a. They are a frugal option for organizations with tight budgets
b. They are independent and credible
c. They have deep knowledge of the organization
d. They can take charge of final decision making
b. They are independent and credible
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Good mission statements should be long and clear, should emphasize on a wide range of goals, and stress on the company's major policies and values
Indicate whether the statement is true or false
There are five stages in the consumer purchase decision process. The fourth stage is ________.
A. option testing B. information search C. alternative evaluation D. purchase decision E. problem recognition
Which of the following is not a characteristic of all long-term assets?
a. Possess physical substance b. Not for resale c. Used in operations of business d. Useful life of more than a year
Which of the following is not true regarding predetermined overhead rates?
A) They are useful in estimating product costs before actual overhead amounts are known with certainty. B) They can normalize seasonal and random fluctuations in overhead costs so that product costs will be consistent throughout the year. C) With their use, it is no longer necessary to be able to identify a cost driver. D) With their use, too much or too little overhead may end up being allocated to a product or job.