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Because All Work Ultimately Entails Some Human Interaction,effort,or Involvement,Bossidy and Charan

question 48

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Because all work ultimately entails some human interaction,effort,or involvement,Bossidy and Charan stated that focusing on organization synergy is the most important process in strategy execution.


Definitions:

Sales

The revenue a company earns from selling goods or services.

Gross Profit

The difference between sales revenue and the cost of goods sold, before deducting operating expenses, interest, and taxes.

Expense

Outflows or using up of assets as a result of the company’s efforts to generate revenue.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ultimately revealing the net profit or loss for that time.

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