Which of the Following Is an Example of the Knowing-Doing

question 369

Multiple Choice

Which of the following is an example of the knowing-doing gap?

• A)A group of managers went on a plant tour to learn about the highly efficient Toyota Production System and afterwards could not explain what they had learned.
• B)A group of managers went on a plant tour to learn about the highly efficient Toyota Production System and afterwards could not pass an exam on the system.
• C)A group of managers went on a plant tour to learn about the highly efficient Toyota Production System and then did a poor job implementing the system in their own organization.
• D)A group of managers went on a plant tour to learn about the highly efficient Toyota Production System and afterwards spent a great deal of time talking about it.
• E)A group of managers went on a plant tour to learn about the highly efficient Toyota Production System and afterwards were able to show others how much they had learned about the system.

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Definitions:

Financial Statements

Reports that summarize the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.

Mathematical Relationship

The connection between mathematical variables, often represented through equations or formulas, revealing how changes in one variable affect another.

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.

Vertical Analysis

A method of financial statement analysis in which each line item is listed as a percentage of a base figure within the statement.