Which of the Following Exemplifies One of the Most Widely

question 97

Multiple Choice

Which of the following exemplifies one of the most widely used methods of gauging how well a company is executing its strategy?

• A)Merrill & Company has a disconnected organizational arrangement whereby pieces of an activity are performed in different functional departments.
• B)Oceania identifies agents of change who are convinced about sticking to the old ways of doing things.
• C)Honeywell narrates success stories of rival brands to convince its personnel about traditional wisdom.
• D)Fizz-Cola judges the efficiency of internal operations by benchmarking them against best-in-industry performers.
• E)Motorola develops the data to measure how poorly rival brands perform against the best-practice standards across industry.

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Definitions:

Excess Cash

Funds that exceed the normal operating needs of a company, which might be used for investments, acquisitions, or improving financial ratios.

Marketable Securities

Financial instruments that can easily be converted to cash due to their high demand and short maturity period.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, under which payments are sent directly to a location accessible by the bank.

Processing Float

The time difference between when a transaction is initiated and when the funds are available in the account, affecting the usable balance.