Many companies do not identify and act on the correct non-financial measures. One of the four major mistakes that companies make is ________. In other words, companies attempt to measure complex phenomenon with one or two simple measures or use quantitative metrics to capture qualitative results for factors such as leadership.
A. Measuring incorrectly
B. Not creating a balanced scorecard
C. Not setting the right performance targets
D. Not linking measures to strategy
E. Not validating the links
Answer: A
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When goods are shipped FOB shipping point, the buyer has economic control of the inventory and must record the goods in its inventory accounts as soon as the goods are shipped
Indicate whether the statement is true or false
In the path-goal approach, an achievement-oriented leadership style ______.
a. should only be used with the best followers b. is the highest level of leadership style c. should be used when the work is not challenging for followers d. is rarely appropriate
Through ________, an organization in the foreign market buys the right to use a company's manufacturing process, trademark, patent, trade secret, or other item of value
A) indirect exporting B) licensing C) contract manufacturing D) management contracting E) joint ownership
______ is the coordination of all activities related to production by providing consistent data to all participants involved in various stages of the production process.
a. Manufacturing resource planning (MRP) b. Manufacturing resource planning (MRP II) c. Enterprise resource planning (ERP) d. Distribution requirements planning (DRP)