One of the inherent shortcomings described by white in loosely coupled systems is the presence of minimal regular feedback. How does Wright suggest managing that?
What will be an ideal response?
Flawed feedback in loosely coupled systems is a primary source of looseness. Feedback is often suspect when introduced and there is no clarity as to how it is to be used. Loosely coupled systems, inherent in their “looseness” make do with minimal feedback because feedback may be unavailable, meaningless, or discredited. When feedback is offered, through a change agent, people within the organization question his credibility and usefulness. Dependability of feedback is imperative ensuring that feedback is explicit, immediate, accurate, and relevant.
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The Strategic/Consultative Selling Model has gained wide acceptance in the United States. Briefly describe what the model consists of and how it can serve as a checklist for sales personnel
What will be an ideal response?
Inventory control performs all of the following tasks except it
a. provides production planning and control with the inventory status report of finished goods b. updates the raw material inventory records c. prepares a materials requisition for each production batch d. records the completed production as an increase to finished goods inventory
Factory employees' wages are recorded into the Work in Process Inventory account
Indicate whether the statement is true or false
The quick ratio equals _____
a. (total assets)/(annual net sales) b. (total assets)/(total liabilities) c. (current assets)/(total current liabilities) d. (cash + accounts receivable)/(total current liabilities)