In a pay-for-performance plan, defined performance measures must be highly correlated with an organization's operational targets
Indicate whether the statement is true or false
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Which of the following is NOT a strategic question one would want to answer in preparing a winning website?
A) How will we update HTML language? B) How will we track use? C) How interactive will it be? D) How will we enhance design?
Anna and Martha are owners and managers of A&M, a limited liability corporation (LLC) that provides a wide array of services: mailing, notary services, packaging and pickup for UPS and FedEx, as well as faxing and document scanning. Anna and Martha have asked you, as their consultant, to consider whether or not they might want to diversify into financial planning due to the increasing number of retirees moving into their community. How would you advise Anna and Martha to proceed?
A. Remain on course, but only if A&M encounters enhanced market opportunities and increasing sales in its principal business. B. Remain on course, but only if your single-business company can achieve profitable growth opportunities in its present industry. C. A&M needs to develop a multi-line strategy. D. A&M needs to consider diversification opportunities into financial planning if you have encountered diminishing market opportunities and stagnating sales in your principal business. E. A&M needs to develop a corporate-wide strategy.
When Paul’s group fails, he tends to be harsh in judging his subordinates and tends to blame and punish them. Paul is most likely:
a. a low LPC b. a harsh leader c. a high LPC d. a middle LPC
Which of the following entries would be made as the result of the revenue recognition principle?
A) Service Expense 1,000 Service Revenue 1,000 B) Accounts Receivable 1,000 Service Revenue 1,000 C) Salaries Expense 1,000 Accounts Payable 1,000 D) Depreciation Expense 1,000 Accumulated Depreciation 1,000