A typical objective of becoming a world class organization is what?
Answer(s): D
A typical objective of becoming a world class organization is usually included in a mission statement. Other common objectives in mission statements are to be a leader in a particular field and to be highly profitable.
Which of the following BEST describes the weakness of management accounting reports as performance measures?
Answer(s): B
The biggest weakness of management accounting reports as performance measures is that they are not directly related to issues such as quality, customer service, reliability, or filexibility.
When told to eliminate waste, what should you be looking to eliminate?
Answer(s): C
When told to eliminate waste, you should be looking to eliminate ANYTHING that is unnecessary. This can include extra process steps, bad papenrvork, or even bad quality products.
When dealing with a partner company, which of the following are risks to a partnership?I) Each partner want to be the senior leaderII) Difference in languageIII) Different operating practicesIV. Gaining direct access to a foreign market
When dealing with a partner company, the following are risks to a partnership1. Each partner wants to be the senior leader2. Difference in language3. Different operating practicesGaining access to a foreign market would be a benefit to a partnership, not a risk.
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