Each department, responsible for different processes, should have goals different from the company as a whole.
Answer the following statement true (T) or false (F)
False
The managers of each department should ensure that the people their departments are striving toward the same overall goals, or work toward goal congruence.
You might also like to view...
A form of time draft known as a trade acceptance is used as a credit device in commercial transactions
Indicate whether the statement is true or false
Briefly explain the difference between a USE of cash and a SOURCE of cash. Give examples of each. Briefly explain why managers want to know the uses and sources of cash
What will be an ideal response?
Kopas Corporation has provided the following data: This YearLast YearAccounts receivable$89,000 $107,000 Inventory$160,000 $156,000 Sales on account$627,000 Cost of goods sold$488,000 The inventory turnover for this year is closest to:
A. 1.03 B. 3.09 C. 3.05 D. 0.98
The failure to prevent generic use of tradenames and trademarks can result in a loss of protection
Indicate whether the statement is true or false