What Is the First Step You Should Take in Managing

question 80

Multiple Choice

What is the first step you should take in managing data for a firm?

• A)Identify the data needed to run the business
• B)Cleanse the data before importing it to any database
• C)Normalize the data before importing to a database
• D)Audit your data quality

Recognize the role of self-promotion and ingratiation in organizational politics and their effects on job performance.

Analyze the difference between personal power and institutional power in managerial context.

Assess the impact of critical factors and strategic contingencies on organizational effectiveness.

Understand the conditions that increase or reduce a subunit's power within an organization.

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Definitions:

Permanent Accounts

These are ledger accounts that carry their ending balances into the next accounting period, typically including asset, liability, and equity accounts.

Temporary

In accounting, temporary refers to accounts that are closed at the end of an accounting period, such as revenues, expenses, and dividends.

Forthcoming Year

The approaching or upcoming calendar year.

Long-term Debt

Debt obligations of a business that are due more than one year in the future, often used for large purchases or investments.