What is due diligence?

A. The research and analysis of the company that is done before a business transaction
B. The efforts of managers from all walks of life to help people develop their business ideas
C. The arrangement under which employees may schedule their own hours around a core time
D. The process of producing a custom-made product for that market


Answer: A

Business

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The most common occupational frauds in small businesses involve employees doing all of the following EXCEPT:

a. skimming revenues. b. fraudulently writing company checks. c. processing fraudulent invoices. d. altering financial statement.

Business

Which of the following statements is true concerning an employer's disclosure of potentially damaging information in a requested employment reference?

a. An employer should be cautious about relating information that is not formally documented or for which no objective evidence exists. b. An employer should never disclose damaging information in an employment reference request. c. An employer should give his or her honest opinion concerning the applicant but avoid providing details about damaging information. d. An employer should feel free to share both positive and negative information about an employee.

Business

Clave Inc., a large soap manufacturing firm, has introduced a new soap known as Honeydew. It wants to promote the soap to broad audiences across various countries in a persuasive and cost-effective manner. At the same time, it also wants to enhance the overall company image. It has a promotional budget of about $1,000,000. Which of the following forms of promotion should Clave make use of for the promotion of Honeydew?

A. direct marketing B. sales promotion C. personal selling D. publicity E. mass advertising

Business

Joining a line at an airport shoeshine stand where there are five people shining shoes puts you in which type of queuing system line structure?

What will be an ideal response?

Business