Skimming involves stealing cash from an organization after it is recorded on the organization's books and records
Indicate whether the statement is true or false
F
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Hedging is the process of avoiding or covering a foreign exchange risk.
a. True b. False
Answer the following statements true (T) or false (F)
1. In the planning/control cycle, managers take corrective action by correcting deviations in the plan being carried out or by improving future plans. 2. Mr. Smith, CEO of an auto dealership, has been working on the two planning steps of the planning/control cycle with his managers. To do this, Mr. Smith and his managers need to make their plan and then carry out the plan. 3. Donna's Restaurant is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegetarian dishes, (menu items that no other restaurant in the area offers). Donna's Restaurant is engaging in strategic positioning by offering the unique menu items of vegan and vegetarian dishes. 4. A and B Office Supply, a small family-owned company, sells high-priced desks, some as expensive as $10,000, to executives in its area. Very few companies have chosen to market this product, and A and B has enjoyed record profits over the last 25 years. A and B Office Supply is an example of a company that would typically not choose to utilize strategic planning.
Gemeni, Inc has acquired land adjacent to a forest region to construct a manufacturing plant. This has led to a dispute with the land owners of that region. Gemeni also expects various environmental groups to become involved in the dispute
If it wants to have a good relationship with these parties, which of the following methods of dispute resolution should it choose? A) private trial B) litigation C) arbitration D) mediation
When planning the logistics of a formal meeting, you should consider
A) using a circular arrangement to facilitate consensus. B) arranging the chairs in classroom style to encourage interaction. C) separating participants in satellite format to keep the facilitator far from the door. D) use a U-shaped setup so all participants can see each other. E) have participants change tables from time to time to stimulate new thinking.