Select the answer that is incorrect. Group projects fail because of:
a. changing priorities.
b. conflicting priorities
c. poor communication
d. team over-planning
d. team over-planning
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The principles of guestology can be applied appropriately to ______.
a. internal customers b. external customers c. both internal and external customers d. neither internal nor external customers
Answer the following statements true (T) or false (F)
1. Managerial accounting focuses on providing information for internal planning and control. 2. Financial accounting prepares reports for internal purposes, whereas managerial accounting provides information to external stakeholders. 3. Financial statements prepared for investors and creditors often include forward-looking information because they make decisions based on a company's future prospects. 4. Managerial accounting reporting by a public firm is required to follow the rules of GAAP. 5. Planning requires managers to look to the future and establish goals for the business.
Binkers Inc. is a start-up that believes in hiring only the best talent. The company has about 100 highly efficient and motivated employees. Given this information, it can be said that Binkers most likely understands the importance of _____.
A. human capital B. benchmarking C. contingency planning D. job enlargement
Discuss and exemplify what should be included in the body of your oral group report.
What will be an ideal response?