The Industry Leader (Scenario)Frank, the new CEO for First Fidelity, is working hard to turn around the formerly successful real estate business. His goal is to make First Fidelity a leader in the industry. He understands the importance of improving organizational productivity in achieving his goals. Mark is keen to improve organizational performance and effectiveness.The operations manager suggests a hike in the prices to improve productivity. However, Frank rules this option out. What could be the possible reason for this?
A. Product prices are not related to organizational productivity.
B. Selling price is negatively correlated to organizational productivity.
C. The real estate business is characterized by intense competition.
D. Such an action would lead to reduced employee satisfaction.
Answer: C
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The Friedman rule suggests that
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Name and briefly describe two less-structured alternative approaches to competitive brand positioning
What will be an ideal response?
Which of the following is not a true statement relating to the Treadway Commission?
a. The Treadway Commission is the popular name for the National Commission on Fraudulent Reporting. b. The Treadway Commission has released reports detailing internal control systems. c. Management's Report on Internal Control over Financial Reporting and the independent public accounting from report to the shareholders and board of directors often refer to criteria established on internal control by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). d. The Treadway Commission has issued a number of recommendations for the prevention of fraud on financial reports, ethics, and effective internal controls. e. The Treadway Commission is a voluntary-sector organization formed to support the Sarbones-Oxley Act.
Debt management ratios show the extent to which a firm's managers are attempting to magnify returns on owners' capital through the use of financial leverage.
Answer the following statement true (T) or false (F)