Escapade Inc, a travel agency in Sydney, is using a highly expensive implementation process for a short period of time. It launches the new system while the old one is still running and employees have to do their jobs twice, once on each system

Which one of the following is a criticism of equating the goals of maximizing the ROE of a firm and maximizing the firm's shareholder wealth?

A) ROE is based on after-tax earnings, not cash flows. B) ROE does not consider risk. C) ROE ignores the size of the initial investment as well as future cash flows. D) All of the above are criticisms of ROE as a goal.

Innovation is a strategic goal in organizations because

A. it does not come from people. B. it comes from people. C. it does not give a competitive advantage. D. it cannot be managed properly. E. it exists in a vacuum.