Explain at least three ways that the vision and mission statement are critically important for an organization
What will be an ideal response?
They help keep management on track. They help inspire employees working for the organization. They indicate to investors or consumers what type of organization they are investing in.
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Tomlin Enterprises has a credit balance of $80,000 in its Allowance to Adjust Long-Term Investments to Market account before adjustment. Its investment portfolio has a total cost of $500,000 and a market value of $450,000. The year-end adjustment entry that would be recorded in the books of Tomlin Enterprises is:
A) Long-Term Investments 30,000 Allowance to Adjust Long-Term Investments to Market 30,000 B) Allowance to Adjust Long-Term Investments to Market 30,000 Unrealized Loss on Long-Term Investments 30,000 C) Allowance to Adjust Long-Term Investments to Market 50,000 Long-Term Investments 50,000 D) Unrealized Loss on Long-Term Investments 50,000 Long-Term Investments 50,000
Describe the significance of public relations as a mass-promotion tool
What will be an ideal response?
Khalida is responsible for planning a virtual meeting with participants on three different continents. Prior to the meeting, she should make sure the technology being used is accessible to all participants, distribute materials that will be discussed, and ________
A) determine the time of day most convenient for her B) determine whether any participants may need coaching on the technology C) ?encourage participants to log in two to three minutes before the meeting time D) ?set the meeting time for her geographic time zone
Research on charismatic leadership indicates that:
a. it has the potential for both negative and positive impact on an organization. b. it tends to address many of the problems today’s organizations face. c. it is a good training tool for leadership. d. it is appropriate in Western cultures as the primary leadership tool to improve organizational performance.