Which of the following would NOT be considered part of the control environment?

A) Having integrity and ethical values
B) Assessing chances of fraud
C) Having competent workers
D) Having a leadership philosophy


B) Assessing chances of fraud

Business

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The categories of routine replies and positive messages include all of the following except

A) answering requests for information and action. B) granting claims and adjustments. C) refusing applicants' résumés. D) sending goodwill messages. E) providing recommendations.

Business

Which one of the following informal research methods has the advantage of generating open, spontaneous, and detailed discussions among people about subjects of interest to the organization?

A. Advisory committees D. Focus groups B. Call-in telephone lines E. Online surveys C. Key informant interviews

Business

Unless otherwise agreed to by the parties, if the buyer purchases goods on credit sale from the seller, the credit period starts from the time ________

A) the goods are shipped B) the buyer receives the goods C) the contract is signed by the buyer D) the buyer accepts the shipment

Business

A "think local, act local" multidomestic type of strategy ________.

A. is very risky, given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods. B. is usually defeated by a "think global, act global" type of strategy. C. is more appealing the bigger the country-to-country differences in buyer tastes, cultural traditions, and marketing methods. D. is generally an inferior strategy when one or more foreign competitors is pursuing a global low-cost strategy. E. can defeat a global strategy if the "think local, act local" multidomestic strategist concentrates its efforts exclusively in those foreign markets where it has profit sanctuaries.

Business