The Manager Should Make Sure While Hiring Researchers or Consultants

question 4

Multiple Choice

The manager should make sure while hiring researchers or consultants that:

• A)The roles and expectations of both parties are made explicit.
• B)Relevant philosophies and value systems of the organization are clearly stated,and constraints,if any,communicated.
• C)A good rapport is established with the researchers,and between the researchers and the employees in the organization,enabling the full cooperation of the latter.
• D)All of the above.

Determine the cash payments for income tax, merchandise, and operating expenses.

Calculate and understand free cash flow.

Analyze changes in balance sheet accounts to prepare the cash flows from operating activities section of a statement of cash flows.

Interpret the effect of changes in accounts receivable, accounts payable, and inventory on cash flows.

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Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Human Capital

Human capital represents the knowledge, skills, competencies, and attributes embodied in individuals that facilitate the creation of personal, social, and economic well-being.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.

Economic

Pertaining to the production, distribution, and consumption of goods and services, as well as the management of money and resources in a region or country.