Which of the Following Actions Would Be the Most Likely

question 17

Multiple Choice

Which of the following actions would be the most likely to support and enhance an operational excellence macro strategy?

• A) Singapore Airlines installing more comfortable seats in the economy-class cabins of its airplanes
• B) 3M Corporation implementing new software to improve communication with its suppliers
• C) Adidas inviting customer suggestions to guide the design of the next generation of shoes
• D) Nike opening hundreds of new company stores in high-traffic shopping areas
• E) McDonald's lowering prices on its coffee drinks

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Definitions:

Contra Asset

An account on a company's balance sheet that reduces the total amount of an asset, such as accumulated depreciation.

Normal Balance

In accounting, the normal balance is the side (debit or credit) of an account that is usually increased. For example, asset accounts normally have a debit balance, while liabilities and equity accounts have a credit balance.

Direct Write-off Method

A method of accounting for bad debts that involves charging the amount of an uncollectible account directly to the expense account when it is deemed non-recoverable.

Uncollectible Receivables

Debts owed to a company that are considered to be uncollectable and are written off as a loss.