The ________ approach to crisis management requires firms to identify potential issues in advance and either eliminate the potential problem or devise a plan to manage it

A) reactive
B) subjective
C) preemptive
D) defensive
E) passive


C

Business

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Someone to whom a company has a debt is known as an investor

a. True b. False Indicate whether the statement is true or false

Business

The most useful information derived from a cost-volume-profit chart is the

a. amount of sales revenue needed to cover enterprise variable costs. b. amount of sales revenue needed to cover enterprise fixed costs. c. relationship among revenues, variable costs, and fixed costs at various levels of activity. d. volume or output level at which the enterprise breaks even.

Business

What are the benefits to a state or local government of establishing an audit committee?

What will be an ideal response?

Business

Which of the following is NOT an example of how an implied contract may become binding?

A. Telling employees their jobs are secure as long as they perform satisfactorily and are loyal to the organization B. Failing to create an employee handbook or conducting performance appraisals on a routine basis C. Stating in the employee handbook that employees will not be terminated without the right of defense or access to an appeal procedure D. Urging an employee to leave another organization by promising higher wages and benefits, then reneging on those promises after the person has been hired

Business