Which of the Following Management Responsibilities Determines If Organizational Goals

question 15

Multiple Choice

Which of the following management responsibilities determines if organizational goals are being achieved?

• A)motivating employees
• B)formulating business strategy
• C)measuring firm performance
• D)making profit year after year

Recognize the effects of international financial actions on U.S. monetary policy and interest rates.

Understand the role of margin requirements and their setting authority.

Acknowledge the recovery and repayment processes following financial bailouts.

Understand the impacts of eliminating an unprofitable product line on total net income.

---

Definitions:

Sum-Of-The-Years-Digits

A depreciation method that results in a more accelerated write-off of assets than the straight-line method, involving adding the digits of the years of an asset's useful life.

Heavy Equipment

Large machinery used in construction, mining, and manufacturing, essential for executing large-scale tasks.

Sum-Of-The-Years-Digits

A method of accelerated depreciation where the asset’s cost is multiplied by a sequence of fractions representing the sum of the years’ digits.

Resale Value

Resale value is the expected amount that an asset or item will sell for in the future after accounting for depreciation.