Discarding plant assets involves disposing of the asset for no cash
Indicate whether the statement is true or false
TRUE
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A draft is always a check, but a check is not always a draft
a. True b. False Indicate whether the statement is true or false
Graham, the operations manager at Flux Corp., presents a report to the management about the problems faced by the company in handling various tasks across the company's value chain. He points out that the company does not have expertise in most of these tasks and performing them leads to inefficient use of resources. In the context of the given scenario, to improve the company's utilization of resources, the management should:
A. vertically integrate the company. B. adopt the strategy of outsourcing. C. adopt green practices to achieve sustainability. D. seek ISO 9000 certification.
Tacit knowledge consists of anything that can be documented, archived, and codified, often with the help of MIS. Examples of tacit knowledge are assets such as patents, trademarks, business plans, marketing research, and customer lists.
Answer the following statement true (T) or false (F)
Mobile proximity payments involve a special mobile phone equipped with an integrated chip or smart card, a specialized reader that recognizes the chip when the chip comes within a short distance of the reader, and a network for handling the payment
Indicate whether the statement is true or false