Val IT is similar to the Balanced Scorecard in what sense?

A. The VAL IT plan should fit on one page.
B. It requires firms to define value in terms of the firms' strategic objectives.
C. It is linked closely to the use of strategy maps.
D. IT governance is a key focus area.


Answer: B

Business

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Which of the following statements is a disadvantage for a company that outsources jobs?

A. The potential to groom and hire from within an enculturated workforce decreases. B. The company's contribution to employee health benefits, retirement, and 401(k) payments increases. C. The need to purchase and update computers and related equipment increases substantially. D. The work force size within the company increases, thereby increasing its salary budget.

Business

Several differences exist when international companies attend trade shows. These differences include each of the following, except:

A) international attendees tend to be senior executives with authority to make purchases B) international attendees want a follow-up after the trade show by a senior executive C) international attendees spend more time at each exhibitor's booth D) international attendees tend to make purchase decisions during the trade show

Business

U.S. GAAP and IFRS companies commonly measure and report net income and comprehensive income

Indicate whether the statement is true or false

Business

Internal failure costs and prevention costs make up the costs of conformance

Indicate whether the statement is true or false

Business