Imagine That You Are a Senior Executive of a Large

question 89

Multiple Choice

Imagine that you are a senior executive of a large organization such as Starbucks that has geographically scattered operating units. What would NOT be on your agenda?

• A)communicating the case for change
• B)directing resources to the right places
• C)building consensus for how to proceed
• D)establishing deadlines and measures of progress
• E)orchestrating the action steps and implementation sequence

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Definitions:

Independent

Not influenced or controlled by others in matters of opinion, conduct; not depending on another's authority.

Return on Assets

A financial ratio that shows the percentage of profit a company earns in relation to its overall resources (total assets).

Net Present Value

In capital budgeting, this refers to the variance between the current value of incoming cash and the current value of outgoing cash across a specific period, utilized to determine an investment's profit potential.

Present Value

The contemporary value of money expected to be received in the future or a flow of cash, discounted by a certain rate of return.