An important purpose of external audits is to
A) assess what a company has done for itself.
B) evaluate production efficiency.
C) evaluate sales effectiveness.
D) investigate possible targets for mergers or acquisitions.
E) assess what a company has done for its customers.
D) investigate possible targets for mergers or acquisitions.
A company can conduct external audits of competitors or other companies for its own strategic decision-making purposes. This type of analysis can be used to investigate other organizations for possible merger or acquisition.
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The American Federation of Labor (AF of L) grew rapidly in the early 20th century because:
A. workers preferred the businesslike approach of the AF of L. B. it focused on organizing employees by industry rather than by skills. C. workers preferred the radical nature of the AF of L. D. it focused on legislative and political activities.
Lipps Company manufactures custom-designed medical equipment for paramedic units. In May 2010, the company incurred the following costs of quality: Product design costs $ 8,600 Product recall costs 5,200 Product simulation costs 13,500 Product testing costs 3,500 Product warranty claims 2,000 Scrap and rework costs 3,000 Total quality costs of conformance for May were
a. $27,600. b. $11,600. c. $25,600. d. $22,100.
Suppose the risk-free rate is 9%, the market risk premium is 8%, and a security's beta is 0.6; then, you should require a return on the security of 13.4%
Indicate whether the statement is true or false.
Which stage of the organizational design process includes focusing on employees’ roles and performance, the way they communicate with each other, and their willingness to adjust to change?
a. Gathering data b. Renew the design c. Setting the scene d. Implementing the design