It Seems That Once a Year the Managers of Stone

question 134

Multiple Choice

It seems that once a year the managers of Stone Construction, Inc. attempt a major organization intervention, such as management by objectives. They never seem to be satisfied with the performance of Stone Construction and, sure enough, 12 months later, along comes another major intervention. By implementing organizational change in this way, Stone Construction's management may well be violating the principle of:

• A) benchmarking.
• B) continuous improvement.
• C) unity of direction.
• D) top-down control.
• E) none of these.

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Definitions:

Proportionately Adjusted

A process of adjusting figures or data so that they accurately reflect a proportional relationship within a specified context.

Cost Method

An accounting approach that involves recording investments at their original purchase cost.

Income Tax Allocation

The process of assigning the income tax expense or benefit to various accounting periods or components.

ASPE

Accounting Standards for Private Enterprises; a set of accounting policies and principles developed for use by private companies in Canada.