A process by which organizations select objectives, establish processes to achieve objectives, and monitor performance is:
A. enterprise risk management
B. internal control
C. organizational governance
D. risk assessment
Answer: C
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Which of the following is the second step of the performance success cycle?
a. assess b. talk c. think d. coach
A car dealership receives a bonus from the manufacturer if it sells more hybrid cars than it did the previous year. This is called ________.
A. a rebate B. a contest C. an allowance D. a commission E. a point-of-purchase payment
The most common way to acquire personal property is to produce it
Indicate whether the statement is true or false
The market boundary is:
A) an agreed-upon boundary beyond which competition will not sell. B) the extent of a market area. C) a location beyond which a source cannot supply. D) the line between two or more supply sources where the landed cost is the same. E) a legal limitation placed on the delivery of goods.