pany that is seeking to increase return on investment should attempt to decrease: 1. sales 2.productive turnover 3.productiv assets 4. non productive assets

A company that is seeking to increase turnover should attempt to decrease Micromanagement assets net operating income

What is the major shortcoming of using income from operations as a performance measure for investment centers?

1. A. Accounting cost theory B. Diffusion theory C. Transaction cost theory D. Agency theory 2. The theory concerning the cost of managing and supervising a firm is called is when firms seek to economize on transaction costs. A. Accounting cost theory B. Diffusion theory C. Transaction cost theory D. Agency theory 3. The most common reason for failure of large projects is due to A. Organizational and political resistance B. Uncertainty C. Inability to acquire resources D. Culture and routine 4. Which of the following is NOT one of Porter's competitive forces A. Customers B. Suppliers C. New market entrants D. Interest rates 5. Which of the following is NOT a strategy for dealing with Porter's competitive forces? A. Traditional competitors B. Low cost leadership C. Focus on market niche D. Product differentiation