A __________ is a company's plan for how it will balance its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage.
a. SWOT analysis
b. mission statement
c. strategy
d. tactic
e. scorecard
Answer: c. strategy
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The Human Resources manager at the Apex Golf and Tennis Club has just calculated the employee absenteeism rate for 2012, and it is 25% higher than it was in 2010 and 2011. He should
A. wait until the end of 2013 and see what the rate is then. B. begin a major restructuring effort. C. reduce employees' work hours. D. address job design and ways to deal with work overload. E. institute strict disciplinary procedures for employees who are absent.
A detective internal control is designed to find an error or misstatement after it has occurred
Indicate whether the statement is true or false
List the factors that influence the strength of an organization's culture and discuss the impact of a strong organizational culture on employees.
What will be an ideal response?
Fetzer Company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8,000 shares in treasury stock. The journal entry to record the payment of the dividend is:
A. Debit Retained Earnings $104,500; credit Common Dividends Payable $104,500. B. Debit Common Dividends Payable $100,100; credit Cash $100,100. C. Debit Retained Earnings $110,000; credit Common Dividends Payable $110,000. D. Debit Common Dividends Payable $104,500; credit Cash $104,500. E. Debit Retained Earnings $100,100; credit Common Dividends Payable $100,100.