What Are the Characteristics of a Successful Firm

question 15

Multiple Choice

What are the characteristics of a successful firm?

• A)The firm places appropriate emphasis on profit,is aware of economic and environmental trends outside the company,and measures impact on the community and employees.
• B)The firm values numeric profit and encourage employees to do what is in their power to increase profits.
• C)The firm ensures there are always monthly,quarterly,and annual profit and loss statements as the sole measure of success so that all employees are aware of the success or failure of a period.
• D)The firm allows only top management to make decisions based on profit.

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Definitions:

Generation Gap

The differences of opinions, values, behaviors, and attitudes between one generation and another, often leading to misunderstanding or conflict.

Controls

Methods, procedures, or variables that are used to regulate or guide the operation of a system or experiment.

Masturbation

Sexual self-stimulation.

Sexual Outlet

A means by which individuals express their sexual needs or desires.