In the context of the book Built to Last, explain the "tyranny of the or" and the "genius of the and."
What will be an ideal response?
Many companies, and individuals, are plagued by what the authors call the "tyranny of the or"-binary thinking, or the belief that things must be either A or B and cannot be both. The authors provide many common examples: beliefs that you must choose either change or stability, be conservative or bold, have control and consistency or creative freedom, do well in the short term or invest for the future, plan methodically or be opportunistic, create shareholder wealth or do good for the world, or be pragmatic or idealistic. However, beliefs that only one goal can be attained often are invalid. An alternative to the "tyranny of the or" is the "genius of the and"-the ability to achieve multiple objectives at the same time. It develops via the actions of many individuals throughout the organization.
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Along with physical elements, the training context should include emotional elements.
Answer the following statement true (T) or false (F)
Which of the following statements is false regarding sales forecasting?
A) It may involve the use of elaborate planning models and regression analysis. B) It may rely heavily on the intuition and opinions of managers. C) Other budgets are rarely affected by errors in sales forecasts. D) The usual starting point is last year's level of sales.
Which of the following characteristics does not apply to job order cost accounting?
A. Use of job cost sheets. B. Use of a single Work in Process Inventory account. C. Equivalent units of production. D. Identifiable units of production. E. Aims to compute the cost per unit of product.
Which of the following is true about the tort of invasion of the right to privacy?
A) True statements or facts that are disclosed can support a claim for the invasion of the right to privacy. B) Once a fact has become public, its disclosure cannot thereafter support a claim for the invasion of the right to privacy. C) The tort requires that the defendant entered the plaintiff's home or place of business to acquire the information that was disclosed. D) The tort is actionable only by public figures.