If your net cash inflows exceed your net cash outflows, you can increase your net worth by investing the difference in more ________
Fill in the blank(s) with the appropriate word(s).
Answer: assets
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Today, projects are the modus operandi or the method used for implementing organizational strategy.
Answer the following statement true (T) or false (F)
Which of the following is awarded to businesses and organizations in Europe that excel in quality management?
A) EFQM Excellence Award B) Deming Prize C) Malcolm Baldrige National Quality Award D) ISO 9000 Award
In the course of crafting a strategy, managers typically do not
A. take proactive actions to improve this or that piece of the strategy. B. abandon certain strategy elements that have grown stale or become obsolete. C. modify the current strategy when market and competitive conditions take an unexpected turn or some aspects of the company's strategy hit a stone wall. D. share the strategy publicly to obtain additional customer and shareholder support. E. revamp the current strategy in response to the fresh strategic maneuvers of rival firms.
William recently sold his successful business to Janice. The contract for the sale contained an unreasonable restriction that did not allow William to open a similar business for fifteen years. In this instance, the courts would likely:
A) reform the contract to make it reasonable and enforceable. B) require the parties to draft a new contract. C) enforce the contract as it is written. D) void the contract on grounds of unconscionability.