Answer the following statement(s) true (T) or false (F)

Incongruities are gaps or differences between expectations and reality.


ANSWER: True

Business

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The state of economic development can affect accounting standards

a. True b. False Indicate whether the statement is true or false

Business

The ________ movement made the case that business had good reasons for conserving natural resources, reasons that paralleled the rationale to conserve financial resources.

Fill in the blank(s) with the appropriate word(s).

Business

At the operational level, employees develop, control, and maintain core business activities required to run the day-to-day operations.

Answer the following statement true (T) or false (F)

Business

The three components of building a capable organization are

A. optimizing the number of core competencies and competitive capabilities, making sure that all managers and employees are empowered, and maximizing internal operating efficiency. B. staffing the organization, acquiring, developing, and strengthening key resources and competitive capabilities, and structuring the organization and work effort. C. making periodic changes in the firm's internal organization to keep people from getting into a comfortable rut, instituting a decentralized approach to decision-making, and developing the appropriate competencies and capabilities. D. hiring a capable top management team, empowering employees, and establishing a strategy-supportive corporate culture. E. putting a centralized decision-making structure in place, determining who should have responsibility for each value chain activity, and aligning the corporate culture with key policies, procedures, and operating practices.

Business