Chapter 24: Q24-4RQ (page 1355)
What is goal congruence?
Short Answer
Answer
Goal congruence is the stage where the various departments of anorganization share a common goal.
Chapter 24: Q24-4RQ (page 1355)
What is goal congruence?
Answer
Goal congruence is the stage where the various departments of anorganization share a common goal.
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Question: Using ROI and RI to evaluate investment centers
This problem continues the Piedmont Computer Company situation from Chapter 23. Piedmont Computer Company reported 2020 sales of \(3,600,000 and operating income of \)183,600. Average total assets during 2020 were $600,000. Piedmont Computer Companyโs target rate of return is 16%.
Calculate Piedmont Computer Companyโs profit margin ratio, asset turnover ratio, ROI, and RI for 2020. Comment on the results.
What are two key performance indicators used to evaluate investment centers?
List the disadvantages of decentralization.
Explain the difference between a lag indicator and a lead indicator.
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