Who is the famous contingency theorist that developed the concept of SARFIT – Structural Adjustment to Regain Fit?

a. John Child
b. Howard Aldrich
c. Lex Donaldson
d. Jack Welch


c. Lex Donaldson

Business

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Snake oil plans are plans:

a. that make their money by getting new people to buy property in exotic locations. b. that promise enormous earnings or claim to sell miracle products. c. that motivate the purchase of unusually overpriced goods or services. d. that make people believe that they will make money simply because they are one of the earliest investors.

Business

A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turnover for the period?

A. 3.0 B. 5.00 C. 20.0 D. 0.33 E. 73.0

Business

In asynchronous distance education, teachers and learners are connected at the same time and communicate in real time

Indicate whether the statement is true or false

Business

What do accountants commonly do when the connection between an expense and the corresponding revenue is vague?

A. Match the expense with the period in which it is incurred. B. Recognize the expense at the time payment is made. C. Delay expense recognition until it can be matched with revenue. D. Accelerate revenue recognition and delay expense recognition.

Business