Which of the following may be done as corrective action in the control process?
A. establish standards
B. renew standards
C. compare performance to standards
D. align processes with goals
E. evaluate performance and take action
E. evaluate performance and take action
In the corrective action step, when performance falls short of the standard, managers should examine the reasons why and take appropriate action. Sometimes it may turn out the standards themselves were unrealistic, owing to changing conditions, in which case the standards need to be altered.
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Every time you download a file from a Web site or attach files to e-mail, you are using a(n) _____ application.
A. TCP B. NNTP C. FTP D. POP
Which of the following represents the product costs on the income statement?
A) Cost of goods sold B) Sales revenue C) Sales commissions D) None of these
Dividend payments made to owners under equity financing are tax deductible, whereas interest payments on debt securities are not
Indicate whether the statement is true or false
The most common ethical issue in new-product development involves the Federal Trade Commission's definition of the term improved.
Answer the following statement true (T) or false (F)