Recruiting and retaining capable employees does NOT entail
A. a large band of capable employees who are actively engaged in the process of making ongoing operating improvements.
B. recruiting and retaining capable employees, which is usually much more important to good strategy execution and the achievement of true operating excellence than is assembling a capable top management team.
C. adding to a company's talent base and building intellectual capital while foregoing investments in plants, equipment, and capital projects.
D. recruiting and retaining capable employees, which is a particularly important organization-building task in enterprises where superior intellectual capital is a key resource and also a basis for competitive advantage.
E. the quality of an organization's people, which is always an essential ingredient if critical value chain activities are to be performed competently.
Answer: B
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In a statement of cash flows prepared by the indirect method, an increase in accounts receivable should be
A) deducted from net income in the operating activities section. B) added to net income in the operating activities section. C) reported as an inflow in the investing activities section. D) reported as an inflow in the financing activities section.
Retailers are often sought after as acquisitions due to their significant hidden assets
Indicate whether the statement is true or false
Which of the following statements is true of the culpability score?
A) It is the greatest of the company's gain, the victim's loss, or a dollar amount corresponding to an offense level. B) It is the final amount that the corporation has to pay as fine. C) It is not used to determine sentences for white-collar offenses. D) It is determined by looking at a chart of potential mitigating and aggravating factors.
Residual income indicates how ________
A) efficiently a division uses its average assets to generate sales and thereby profits B) much operating income the division earns on every dollar of sales C) much return a division generates on average assets D) much extra operating income a division generates above the minimum acceptable level