Even in large companies, few internal controls exist in order to establish greater control of security among limited individuals.
Answer the following statement true (T) or false (F)
False
Even in large companies there are thousands of procedures that can properly be viewed as internal controls, including a range of diverse activities such as approvals, authorizations, verifications, reconciliations, reviews involving most individuals within the company.
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The most frequent victims of program viruses are microcomputers
Indicate whether the statement is true or false
Which of the following foreign entry modes primarily involves producing goods in one country to sell in another?
A. exporting B. greenfield operations C. brownfield operations D. crowdsourcing
Which one of the following is an example of firms going global due to economies of scale?
a. The company’s home base taxes, wages and infrastructure costs would be cheaper in a third world country b. The company is seeking to create innovations in existing products and learn new ways of doing things c. The company has saturated the market with its products and needs to open new markets to maintain its growth d. The company is too tightly regulated by environmental and health and safety laws
Natalie and Vinnie own the Russian River Brewing Company, a craft brewer and taproom in Northern California. What actions could the partners take to realize full value from TQM or Six Sigma initiatives and promote a culture of operating excellence?
What will be an ideal response?