Inadequate consideration may reflect a lack of bargained-for exchange.
Answer the following statement true (T) or false (F)
True
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Business cycle refers to the
A. rise and fall of firms in a particular industry. B. rise and fall of industries in the economy. C. short-run fluctuation of international trade as a proportion of GDP. D. short-term movement of output and other key economic variables around their long-term trends.
A carefully developed financial plan should provide for saving a portion of ____________ for deferred, future spending. ?
A. retirement funds B. investment funds C. current income D. future income E. tangible assets
Johnny thinks that changing an organization’s culture is like losing weight: It’s difficult and it can be done, but the effect is usually temporary. Is Johnny correct?
A. Yes, because once a culture is changed, it usually changes back. B. Yes, because once a culture starts to change, it is likely to continue to change. C. No, because changing an organization’s culture is impossible. D. No, because changing an organization's culture is easy. E. No, because once a culture is changed, the new norms tend to remain in place.
The structure of an organization must be aligned with its ______.
a. ethics b. profitability c. culture d. environment