In the context of the VRIO framework, the question of _____ is a reminder of the cliché: If everyone has it, an individual cannot make money from it.
A. organization
B. imitation
C. rarity
D. value
Answer: C
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Which of the following skills is important for an employee involvement team to be successful?
A. Technical skills B. Conceptual skills C. Human relations skills D. Problem-solving skills
The first step in the accounting record-keeping process is:
a. recording each transaction in a file or other record in the form of a journal entry. b. posting the amounts from the journal entries to individual balance sheet and income statement accounts in a general ledger. c. making adjusting journal entries to the accounts to correct errors and to reflect the financial statement impacts of items that occur because of usage or the passage of time. d. preparing the income statement for the period from amounts in the income statement accounts. e. preparing the balance sheet from amounts in the balance sheet accounts.
Hank owns 100 shares of cumulative preferred stock in Wayside Transport, Inc Kelsey owns 50 non-cumulative preferred shares, and Oleg owns 120 shares of common stock. Wayside does not pay dividends in 2007 . In 2009
a. Hank and Kelsey must receive their 2009 dividends before Oleg is paid any 2009 dividends. b. Oleg cannot receive any 2009 dividends until Hank is paid for the 2007 dividends. c. Kelsey cannot receive the dividends Wayside could not afford to pay in 2007 . She will just lose them. d. All of the above.
One of the seven needs that alone or in combination appear to motivate the vast majority of employees is the need for escaping responsibility
Indicate whether the statement is true or false.