Training and retraining of employees likely to make the LEAST important contribution to good strategy execution is
A. when the strategy execution effort is based on tried-and-true operating practices that vary little from year to year.
B. when a company shifts to a strategy requiring different skills, competitive capabilities, managerial approaches, and operating methods.
C. when an organization is striving to build skills-based competencies.
D. when technical know-how is changing so rapidly that a company loses its ability to compete unless its skilled people have cutting-edge knowledge and expertise.
E. when the chosen strategy calls for a deeper technological capability or building and using new capabilities.
Answer: A
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Market capitalism is an economic system in which:
A) individuals and firms allocate resources that are privately owned. B) the state has broad powers to serve the public interest as it sees fit. C) market resource allocation is commanded by both private and state ownership. D) there is no correlation between economic freedom and a nation's economy. E) market-oriented economies function in an identical manner.
Collision Corporation Data for Collision Corporation for the year ended December 31, 2012, are presented below. Credit Sales $2,000,000 Sales returns and allowances 40,000 Accounts receivable (December 31, 2012 ) 610,000 Allowance for bad debts (Before adjustment at December 31, 2012 ) 15,000 Estimated amount of uncollected accounts based on aging analysis 55,000 Refer to the information provided
for Collision Corporation. If Collision uses the aging of accounts receivable approach to estimate its bad debts, what will be the net realizable value of its accounts receivable after the adjustment for bad debt expense? A) $610,000 B) $555,000 C) $595,000 D) $570,000
Web applications can be developed by professional programmers, technically oriented Web developers, or business professionals.
Answer the following statement true (T) or false (F)
In order for a deed to be effective, it must contain all of the following except:
A) a description of the land. B) a description of the consideration. C) the signature of the grantor. D) language conveying title.