When more specific details are provided by breaking high-level business strategies, we are referring to

A) Mission statement
B) Functional strategy
C) Business strategy
D) Operations best practices
E) Competitive priorities


B

Business

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The last depression in the United States occurred in

A. the 1900s. B. the 1930s. C. the 1960s. D. the 1990s.

Business

Based on Philip Mirvis’s and Bradley Googins’s five-stage corporate citizenship developmental process, which of the following might result from a company that has undergone a transformative experience?

a. The company begins to train its workforce to be more philanthropic in their personal outlooks. b. The company begins to monitor community needs. c. The company now participates in a new philanthropic endeavor every year. d. The company now makes specific products to address community needs.

Business

Which of the following is a commonality among Fortune magazine’s “100 Best Companies to Work For”?

a. seeking to hire employees that rate very low on McClelland’s power need b. seeking to hire employees that rate very high on McClelland’s power need c. eliminating all of Herzberg’s job dissatisfaction factors d. addressing Lawrence’s conception of employee drives and McClelland’s three needs

Business

When a periodic inventory system is used, ________

A) an adjusting entry is needed to record the ending Merchandise Inventory account balance B) the process for closing the Income Summary and Dividends accounts differs from the process used in the perpetual inventory system C) beginning Inventory, Purchases, and Freight In accounts are closed via the Income Summary Account D) there is no need to take a physical count of inventory

Business