Which of the following is NOT a key feature of innovation as implied by Peter Drucker?
a. Innovation is an entrepreneurial tool
b. Innovation should be exploited by business
c. Innovation will inherently meet political resistance
d. Innovation is learned and can be practiced
c. Innovation will inherently meet political resistance
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Collusion among employees in the commission of a fraud is difficult to prevent but easy to detect
Indicate whether the statement is true or false
The gross margin ratio:
A. Should be greater than 1 for merchandising companies. B. Is a measure of liquidity and should exceed 2.0 to be acceptable. C. Is also called the profit margin. D. Indicates the percent of sales revenue remaining after covering the cost of the goods sold. E. Is also called the net profit ratio.
According to your textbook, new organizational forms are:
a. Irritating and annoying pieces of paper that must be filled out b. Flowery rather than pyramids c. Models that are defined by being antithetical to bureaucracy d. All of the above
Which sentence is expressed correctly?
A) CEO Barker said, "Our mission is to continue to provide quality service to our customers." B) CEO Barker said, 'Our mission is to continue to provide quality service to our customers.' C) CEO Barker said, Our mission is to continue to provide quality service to our customers.