The ability of members of the group to think differently, and to express their opinions and findings is:
a. groupthink.
b. identity diversity.
c. identity orientation.
d. cognitive diversity.
Ans: d. cognitive diversity.
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Answer the following statement true (T) or false (F)
An advantage of the direct write-off method of determining uncollectible accounts is
a. it is very simple to apply; b. efforts to collect are extended over several months; c. the expense can be manipulated by management; d. the Accounts Receivable amount reported on the balance sheet does not represent the amount of cash actually expected to be collected; e. it is acceptable for financial reporting purposes.
The current ratio indicates a firm's ability to meet its short-term obligations. Analysts prefer a current ratio that at least exceeds
a. .5 b. 1.0 c. 2.0 d. 3.0 e. 4.0
Which of the following approaches is one of the most common ways for organizations to
achieve their product/service objectives through a go-to-market approach? A) low-cost product/service strategy B) responsive product/service strategy C) quality attributes product/service strategy D) innovation product/service strategy