According to Porter, to be effective all of the following must be consistent with the organization's strategy except ________.
A. activities
B. objectives
C. culture
D. budget
E. goals
Answer: D
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When groups are brainstorming,
a. the more ideas, the better. b. only ideas that will work should be recorded. c. team members should record their own ideas independently. d. teams should discuss an idea before adding it to the list of possible solutions.
A $4,000 machine is purchased by paying $1,000 cash and issuing a promissory note for the remainder. The journal entry should include a
a. credit to Machinery. b. credit to Notes Payable. c. credit to Notes Receivable. d. debit to Cash.
A ________ is defined as a market segment on which an organization focuses its marketing plan and toward which it directs its marketing efforts
A) social network B) market convergence C) subculture D) value chain E) target market
The cost of direct materials cannot easily be traced to the manufactured product, and therefore, it is a component of manufacturing overhead
Indicate whether the statement is true or false