The overarching problem with

Microsoft’s strategy is the lack

of effective
implementation of their
strategy. According to
Contemporary Strategy
Analysis (2016), effective
implementation means having
clear, consistent, long term
goals, profound understanding
of the
competitive environment and
objective appraisal of resources
(Grant 8). Where they have
lacked
most, at the time of this case,
was understanding their
competitive environment and
also not
appraising their resource of
human capital within their
company.
The overarching problem with
Microsoft’s strategy is the lack
of effective
implementation of their
strategy. According to
Contemporary Strategy
Analysis (2016), effective
implementation means having
clear, consistent, long term
goals, profound understanding
of the
competitive environment and
objective appraisal of resources
(Grant 8). Where they have
lacked
most, at the time of this case,
was understanding their
competitive environment and
also not
appraising their resource of
human capital within their
company.
The overarching problem with
Microsoft’s strategy is the lack
of effective
implementation of their
strategy. According to
Contemporary Strategy
Analysis (2016), effective
implementation means having
clear, consistent, long term
goals, profound understanding
of the
competitive environment and
objective appraisal of resources
(Grant 8). Where they have
lacked
most, at the time of this case,
was understanding their
competitive environment and
also not
appraising their resource of
human capital within their
company.
PART 1: True or false
1. The basic summary device of
accounting is the accounting
equation.
False
2. Owner's equity is the excess
of an entity's capital over its
liabilities.
True
3. Asset is a resource controlled
by the enterprise as a result of
past events and from which
future
economic benefits are expected
to flow to the enterprise.
True
4. Accounts that appear on the
left side of the accounting
equation usually have credit
balances.
False
5. Income increases owner's
equity and is recorded by a
debit.
False
6. In a partnership, an owner's
equity account exists for each
partner.
True
7. Income is increases in
economic benefits during the
accounting period that increases
equity
which may have resulted from
the sale of goods or rendering of
services by the business.
True
8. A debit entry always
decreases the balance of an
account.
False
9. An accounting information
system is the combination of
personnel, records and
procedures
that a business uses to meet its
need for financial information.
True
10. According to the balance
sheet equation, the assets of a
business entity must always
equal the
liabilities and owner's equity.
True
PART 1: True or false
1. The basic summary device of
accounting is the accounting
equation.
False
2. Owner's equity is the excess
of an entity's capital over its
liabilities.
True
3. Asset is a resource controlled
by the enterprise as a result of
past events and from which
future
economic benefits are expected
to flow to the enterprise.
True
4. Accounts that appear on the
left side of the accounting
equation usually have credit
balances.
False
5. Income increases owner's
equity and is recorded by a
debit.
False
6. In a partnership, an owner's
equity account exists for each
partner.
True
7. Income is increases in
economic benefits during the
accounting period that increases
equity
which may have resulted from
the sale of goods or rendering of
services by the business.
True
8. A debit entry always
decreases the balance of an
account.
False
9. An accounting information
system is the combination of
personnel, records and
procedures
that a business uses to meet its
need for financial information.
True
10. According to the balance
sheet equation, the assets of a
business entity must always
equal the
liabilities and owner's equity.
True
PART 1: True or false

1. The basic summary device of accounting is the accounting equation.

False
2. Owner's equity is the excess of an entity's capital over its liabilities.

True

3. Asset is a resource controlled by the enterprise as a result of past events and from which future

economic benefits are expected to flow to the enterprise.

True

4. Accounts that appear on the left side of the accounting equation usually have credit balances.

False

5. Income increases owner's equity and is recorded by a debit.

False

6. In a partnership, an owner's equity account exists for each partner.

True

7. Income is increases in economic benefits during the accounting period that increases equity

which may have resulted from the sale of goods or rendering of services by the business.

True

8. A debit entry always decreases the balance of an account.

False

9. An accounting information system is the combination of personnel, records and procedures

that a business uses to meet its need for financial information.

True

10. According to the balance sheet equation, the assets of a business entity must always equal the

liabilities and owner's equity.

True