State two specific functions or jobs that should be segregated in the sales processing system
sales order processing and credit approval; inventory control (record keeping) from warehouse (custody); and general ledger from accounts receivable subsidiary ledger
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According to Bartlett, which of the following was the first stage of development for successful organizations that avoided the myth of the ideal organizational structure?
A) transitioning from ethnocentric and polycentric to geocentric orientation B) building channels of communication between managers in various parts of the world C) developing organization norms and values to support decision making D) moving from international division to a worldwide product division
The entry to record the declaration of a cash dividend will
A) not affect working capital. B) reduce working capital. C) not affect total stockholders' equity. D) increase total stockholders' equity.
Which of the following is most likely true about shoppers who prefer to shop at "lifestyle centers"?
A) They use coupons. B) They prefer upscale stores. C) They prefer indoor shopping locations. D) They rarely dine out in expensive restaurants. E) They are motivated by deals on last year's merchandise.
Why is a full SWOT analysis not essential when using a competitive comparison framework to
compare a company's principal competitors? A) The opportunities and threats are similar for principal competitors. B) The competition between principal rivals is based on equality of strengths but not weaknesses. C) Most principal competitors are well established in a market. D) The market leaders have obvious superiority in most areas.