Discuss the advantages and disadvantages of making the results of succession planning public.
What will be an ideal response?
One critical issue in succession planning is whether to make the results of the process public. One advantage of doing so is that employees may stay because they have an understanding of promotion prospects. Another advantage is that high-potential employees who are not interested in other positions can communicate their intentions. The company can then avoid investing resources and have a more accurate picture of its potential future talent. On the flip side, those not on the list may become discouraged and leave the company. Furthermore, employees might not believe they have had a fair chance to compete for leadership positions if they already know that a list of potential candidates has been established.
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Which one of the following statements correctly represents a benefit of centralized buying?
A) Local managers have more control over their business. B) Purchases and production schedules are meshed more easily. C) Customization to local preferences is simplified. D) Increased buying power can result in significant savings in purchasing costs.
A seller is prohibited from making an exclusive-dealing contract if the effect is to substantially lessen competition.
Answer the following statement true (T) or false (F)
Barry Company uses the indirect method to prepare the operating activities section of its statement of cash flows. Required:Indicate whether each of the following items would be added to net income, subtracted from net income, or not included in the operating activities section of the statement of cash flows. (Use the letter "A" for added to net income, use the letter "S" for subtracted from net income, or use the letter "N" for not listed in operating activities section.)
What will be an ideal response?
Nonrefundable tax credits are allowed to reduce or totally eliminate a taxpayer's tax liability but any credits in excess of the tax liability are lost.
Answer the following statement true (T) or false (F)