Which of the following is an effective way to deal with change and innovation?
A. Insist on success and punish failure.
B. Offer different explanations for the change to different work groups.
C. Hold closely to established methods of getting the job done.
D. Innovate by varying existing products that are already on the market.
E. Have the courage to follow your ideas.
E. Have the courage to follow your ideas.
Ways to deal with change and innovation include having the courage to follow your ideas. This may be the hardest job of all because it entails trying to convince others that your ideas for change are feasible, especially if the ideas are radical. This may mean working to gain allies within the organization, standing up to intimidating competitors inside and out, and perhaps being prepared to follow a lonely course for a long time.
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When an additional partner is admitted to a partnership by contribution of assets to the partnership
a. the total assets of the partnership do not change b. no liabilities can be contributed at the same time c. the amount of the cash contribution is the same as the amount of the debit to the new partner's capital account d. the total of the owner's equity accounts increases
To record a bond investment made between interest payment dates, Investment in Bonds would be debited and Cash and Interest Revenue would be credited
a. True b. False Indicate whether the statement is true or false
Your investment account pays 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20?
A. 5.14 B. 5.71 C. 6.35 D. 7.05 E. 7.84
Which of the following is NOT part of the capital budgeting process?
A) develop short-term operating strategies B) identify and analyze potential capital investments C) apply capital rationing D) perform post-audits