In a learning organization, learning from mistakes and adapting accordingly is crucial.

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


True

Learning from mistakes, and adapting accordingly, is crucial in a learning organization. A learning organization also ensures that there are systems that can adequately compensate and reward employees on the basis of their performance.

Business

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The gain or loss on the sale of a plant asset is determined by comparing the market value of assets received with the ________ of asset sold.

A) book value B) residual value C) original cost D) salvage value

Business

Followers who are quite competent to complete tasks but lack the commitment to do so are ______.

A. D1 B. D2 C. D3 D. D4

Business

Why doesn't stockholders' equity equal the market value of equity?

A. Stockholders' equity usually does equal the market value of equity. B. Investors tend to incorrectly price the market value of equity. C. It's due to incorrect entries prepared by accountants. D. It's related to the use of historical cost to report many long-term assets and the expensing of value generating costs such as research and development and advertising.

Business

The purpose of the Sarbanes-Oxley Act is to:

a. Reduce the environmental damage caused by of manufacturing b. Enhance the financial position of banks c. Strengthen corporate governance d. Require U.S. firms to adopt more automated manufacturing methods

Business