According to Peter's Drucker's vignette, what practices do effective executives follow?
What will be an ideal response?
• They ask "What needs to be done?
• They ask "What is right for the enterprise?"
• They develop action plans
• They take responsibility for decisions
• They take responsibility for communicating
• They focus on opportunities rather than problems
• They run productive meetings
• They think and say "we" rather than "I"
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Which of the following is consistent with goods and services being distinct for purposes of identifying separate performance obligations?
A) The seller regularly sells the good or service separately. B) The buyer could use the good or service on its own. C) The buyer could use the good or service in combination with goods or services the buyer could obtain elsewhere. D) All of the above.
The underlying cause of ranking conflicts between the NPV and IRR methods is differing:
A) Initial cost. B) Reinvestment rate assumption. C) Cash flow timing. D) Profitability indices. E) Errors in calculating the discount rate.