In General, a Visionary Organization Asks Which Three Types of Questions

question 203

Multiple Choice

In general, a visionary organization asks which three types of questions to specify its foundation, set a direction, and formulate strategies?

• A)why, when, where
• B)what, by whom, how
• C)how, when, where
• D)why, what, how
• E)who, why, when

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Definitions:

MACRS Depreciation

A method of depreciation used for tax purposes in the United States which allows businesses to recover their investments in certain property over a specified life.

Lease

An agreed contract in which the lessor permits the lessee to utilize an asset for a set duration in return for regular payments.

Tax-Oriented Lease

A financial lease in which the lessor is the owner for tax purposes. Also called a true lease or a tax lease.

Lessor

The party who rents or leases a property or asset to another party, known as the lessee.