In Their Book in Search of Excellence,Peters and Waterman Found

question 110

Multiple Choice

In their book In Search of Excellence,Peters and Waterman found that successful companies "stuck to their knitting." In other words,they concentrated on those things that they do well.To which component of organizational strategy does this idea most directly relate?

• A) Organizational opportunity
• B) Common strength
• C) Distinctive competence
• D) Resource deployment
• E) Scope

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Definitions:

Double Declining-Balance Method

A method of accelerated depreciation that doubles the straight-line depreciation rate, reducing the asset's book value more quickly in its early years.

Double Declining Balance

An accelerated method of depreciation which doubles the rate at which an asset is depreciated compared to the straight-line method.

Straight-Line Method

This approach spreads the cost of a fixed asset evenly over its expected productive life, ensuring a consistent depreciation expense each year.

Impairment

A reduction in the recoverable value of an asset below its carrying amount on the balance sheet, reflecting a decline in the asset's utility.