What is process synergy?
What will be an ideal response?
Process synergy occurs when processes are mutually supportive. When one process does well, the objectives of other dependent processes are also supported. Process synergy improves processes in an organization.
You might also like to view...
Which of the following statements about the Sarbanes-Oxley Act is incorrect?
a. Because of the act, the SEC was required to establish an oversight board. b. Because the act is complex, compliance is more expensive and time-consuming for corporate management. c. Because of the act, auditors, and accountants receive monetary rewards if they find violations. d. Because of the act, a corporation’s chief executive and financial officers must certify financial reports. e. Because of the act, auditors, accountants, and employees can be imprisoned for destroying financial documents related to an audit.
A firm issues the convertible debt shown above. The price of stock in this company on July 1, 2008 is $4.70. If the bonds are called on this date, which of the following is the action most likely to be taken by a holder of bond of face value of $10,000?
Coupon 0% Conversion Ratio: 215 shares per $1,000 principal amount Call Date: July 1, 2008 Call Price: Par Maturity: July 1, 2015 A) Convert the bond and accept shares with a value of $10,000. B) Convert the bond and accept shares with a value of $9599.75. C) Convert the bond and accept shares with a value of $10,105.00. D) Accept the call price and receive $10,000.