Identify and discuss five recommendations for companies that wish to grow

What will be an ideal response?

Answer: First, draft a senior team. A key role of top managers is mentoring and developing those who work for them. Second, cross train managers. Very often, top managers see their role as arbitrating complaints and disputes among middle managers. Not only does this encourage cross-functional decision-making, but it also reduces the work load of senior managers. Next, increase flexibility. One of the key responsibilities of middle managers is to coach and guide those who report to them. Fourth, help managers learn to communicate. Middle managers also need to learn to effectively communicate with their peers. When difficult issues arise, using face-to-face or phone discussions over e-mails can quickly escalate. Fifth, invest early in employees. This is especially important to companies during the growth phase, where there is an expectation that the management team will grow in the near future.

Business

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Which of the following sections of the statement of cash flows includes activities that increase and decrease long-term assets?

A) the financing activities section B) the operating activities section C) the investing activities section D) the non-cash investing and financing section

Business

Vick's share of the undistributed losses will be

A. $0 B. $1,000 C. $9,000 D. $10,000

Business