Which of the following is NOT a feature of high-performance work practices?
A. Ensuring that managers maintain responsibility for organizational goals
B. Commitment to superior product delivery and service quality
C. Worker empowerment, participation, and autonomy
D. The use of self-managed and cross-functional teams
Answer: A
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Capitalizing an expenditure rather than recording it as a revenue expenditure
a. affects the amount of net income reported during an accounting period, but has no effect on the total book value of plant assets on the balance sheet. b. affects the total book value of plant assets on the balance sheet, but has no effect on the amount of net income reported during an accounting period. c. affects the total book value of plant assets reported on the balance sheet and the amount of net income reported during a period. d. has no effect on the book value of plant assets on the balance sheet or the amount of income reported on the income statement.
A decision in which projects are ranked according to their impact on the achievement of company objectives is referred to as a(n) ___________________________________
Fill in the blank(s) with correct word
Which of the following is NOT one of the advantages to incremental profits of a loyal customer?
a. Profit from increased purchases. b. Profit from decreased advertising. c. Profit from reduced operating costs. d. Profit from referrals to other customers. e. Profit from price premiums.
Which of the following is the least risky for an importer?
A. Irrevocable letter of credit B. Bank collection time draft C. Open account D. Cash in advance