Clearly establishing responsibilities and assigning all accounting activities to one person is an important principle of internal control.

Answer the following statement true (T) or false (F)


False

Business

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Microsoft and Intel are two companies that illustrate the concept of "bargaining power of suppliers" in Porter's five forces model of industry competition

Indicate whether the statement is true or false

Business

Chin, a regional manager at a marketing firm, must formally evaluate his immediate subordinates every year. He does so by using a management-by-objectives system. In the given scenario, Chin is most likely involved in _____.

A. outbound training B. job evaluations C. performance appraisals D. organizational socialization

Business

Define the four types of organization in the competing values framework, and describe the characteristics of each.   

What will be an ideal response?

Business

Trade names are protected under

A. the International Convention for the Protection of Industrial Property. B. many local laws in most countries, so that illegal trademark use is a local issue. C. long-standing convention, but no legal agreements. D. national laws in all UN member countries.

Business