Which of the following is an example of a force for change originating outside the organization?
A. productivity issues
B. conflict management
C. structural reorganization
D. social and political pressures
E. absenteeism
D. social and political pressures
Forces for change that originate outside the organization include demographic characteristics; technological advancements; shareholder, customer, and market changes; and social and political pressures.
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Which of the following describes a secured bond?
A) a bond that matures in installments at regular intervals B) a bond that is backed by issuer's specific assets C) a bond that matures at one specified time D) a bond that is not backed by specific assets
Dominique, an executive chef in a large hotel, recently attended a training conference sponsored by several top professionals in his field, where he learned numerous ways his restaurant and hotel can better serve customers. Dominique is excited that management asked him to present this information to the hotel staff so that the restaurant and hotel can make needed improvements. Dominique's hotel is a(n) _____ organization.
A. focused B. learning C. evolving D. customer-focused E. 360-degree
Flexible budgets are also called static budgets
Indicate whether the statement is true or false
Trestone, a guitar manufacturing company, produces a thousand units of electric guitars each year. The company has been able to sell all its guitars by the end of the fiscal year and earn twice the amount spent on production and marketing. The given scenario indicates that Trestone most likely analyzes _____ for its financial planning.
A. liquidity ratios B. profitability ratios C. leverage ratios D. asset management ratios