A strong culture can meet the requirements of ______ in that it provides value and is not easily imitated.
a. economic success
b. strategic leadership
c. competitive advantage
d. competitive disadvantage
c. competitive advantage
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Which one of the following statements is true concerning assets?
a. They are recorded at market value and then adjusted for inflation. b. They are recorded at market value for financial reporting purposes as historical cost may be arbitrary. c. Accountants use the term historical cost to refer to the original cost of an asset. d. Assets are measured using the time-period approach.
Brendan Company sold merchandise worth $1,600 on credit, terms n/15 and on the next day the customer returned merchandise worth $100, which cost $60 for Brendan Company. What is the required journal entry to record the merchandise returns under the perpetual inventory system?
A) Accounts Receivable 100 Sales Returns and Allowances 100Cost of Goods Sold 60Merchandise Inventory 60 B) Sales Returns and Allowances 100 Accounts Receivable 100Merchandise Inventory 60Cost of Goods Sold 60 C) Accounts Receivable 100 Merchandise Inventory 100Cost of Goods Sold 60Sales 60 D) Merchandise Inventory 100 Sales 100Sales 60Cost of Goods Sold 60
When the new CEO took over, Indestructible Insurance saw several quick changes. The new CEO got rid of organizational layers, making everyone’s job seem more significant, and he changed to a more casual dress code. These changes are ______ that the CEO was trying to create a more empowering culture.
A. ceremonies B. symbols C. stories D. rituals
Employee ‘voice’ is associated with which group of HRM activities:
a. employment relations b. reward c. performance d. resourcing