Rashid, the CEO of Top Productions, said to his new vice president of accounting, "In the past I had resistance to new ideas by employees who felt that our plans threatened their influence or their jobs. So when you tell your collections department that we just hired a collection agency to handle bad debt, you may have to sell your collections manager and his supervisors on using the agency. You also have to emphasize the fact that nobody is going to be laid off." Selling middle and supervisory managers on changes to overcome their resistance is often a necessary part of
A. reality assessment.
B. strategy formulation.
C. strategic control.
D. operational control.
E. strategy implementation.
E. strategy implementation.
Often strategy implementation means overcoming resistance by people who feel the new plans threaten their influence or livelihood. Thus, top managers can't just announce the plans; they have to actively sell them to middle and supervisory managers.
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The ________ Act was designed to prevent companies from creating monopolies through mergers.
Fill in the blank(s) with the appropriate word(s).
Jefferson Company expects to incur $450,000 in manufacturing overhead costs during the current year. Other budget information follows:
Required:1) Use direct labor hours as the cost driver to compute the allocation rate. Determine the amount of budgeted overhead cost for each department.2) Use machine hours as the cost driver to compute the allocation. Determine the amount of budgeted overhead cost for each department.3) Assume that Department A manufactured a product that required 160 direct labor hours and 85 machine hours. If overhead is allocated based on direct labor hours, how much overhead would be allocated to this product?4) Assume that Department
A manufactured a product that required 160 direct labor hours and 85 machine hours. If overhead is allocated based on machine hours, how much overhead would be allocated to this product? What will be an ideal response?
A newsworthy story may fail to attract attention if an organization has incorrectly identified the channel(s) through which to disseminate its message
Indicate whether the statement is true or false
Property owned by a spouse prior to marriage as well as inheritances and gifts received by a spouse during the marriage are referred to as ________
A) separate property B) marital property C) community property D) reciprocal property