What is the implication for the Management Reporting System of an organization that implements the formalization of tasks principle?
Information requirements are defined by a position, not by the person filling that position. When there is a personnel change, there should be no major changes in the information needed by the new employee; it will be essentially the same as that needed by the former employee. Internal control is strengthened because information is provided based on the requirements of the position (a need to know basis).
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Which of the following items is usually classified as a noncurrent asset?
a. Prepaid rent b. Plant expansion fund c. Supplies d. Goods that are in the process of being completed for another company
According to the human relations approach, employee commitment to an organization is gained by ______.
A. economic motivators and authority B. interpersonal communication skills C. moderate workload D. Both economic motivators and authority and interpersonal communication skills
A creative work or invention that is protectable by patents, trademarks, trade names, copyrights, and trade secrets is known as ______________.
What will be an ideal response?
Frank asks his customers to complete a survey about the service they receive at his company so that he and his staff can make adjustments and improvements. Frank is focusing on the ____ aspect of total quality management.
A. continuous quality improvement B. strengthening supplier partnerships C. customer satisfaction D. employee participation E. sales improvement