Which of the following is a good example of a change based on “fit”?
a. A company works to empower employees to increase morale and institutes a more rigid supervisory structure to manage costs
b. The organization hires brilliant employees to fill gaps in low-level jobs to have the best employees at every level
c. The organization has traditionally valued a relaxed and informal workplace to foster creativity, and the HR department enforces a strict dress code policy to increase professionalism and the organization’s reputation
d. A company moves to an open floor plan and also works to revise formal systems to include more collaboration and teamwork in decision making
d. A company moves to an open floor plan and also works to revise formal systems to include more collaboration and teamwork in decision making
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Which of the following statements best describes the term "revenues"?
a. Revenues represent an outflow of assets resulting from the sale of goods or services. b. Revenues represent the dollar amount of bonds sold to the public. c. Revenues represent assets used or consumed in the sale of products or services. d. Revenues represent assets received from the sale of products or services.
Deceptive pricing practices include misrepresenting the product's features or performance or luring customers to the store for a bargain that is out of stock
Indicate whether the statement is true or false
If a firm earns a net profit of $100,000 on sales of $2,000,000, its net profit margin is:
A. ?5%. B. ?10%. C. ?15%. D. ?3.5%. E. ?1.5%.
What products and industries does geographic distance affect the most?
What will be an ideal response?