The Bureau of Consumer Financial Protection is the new federal agency for consumer rights that is located within the Federal Reserve

Indicate whether the statement is true or false


True

Business

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In the Maslow hierarchy of needs, those needs that are represented by the need for achievement, status, prestige, and self-respect are referred to as ________ needs.

A. physiological B. social C. personal D. safety E. self-actualization

Business

A manager tries to implement change without involving his employees and it is a big disaster. He thinks, ‘next time I’m going to involve my employees in the decision!’ This scenario is an example of Fulop and Rifkin’s (1999) concept of ______________.

a. Learning by doing b. Stories c. Stupidity d. Popular accounts

Business

Each item below is a potential downside to the deployment of a CRM application except?

a. Expensive b. May decrease access to customers c. Time consuming d. Difficult to train users

Business

Tunebeak, a fast food service chain, wants to introduce a new product. However, it lacks the financial support required to promote its product. Therefore, it sells its accounts receivables from its customers to a financing firm and is able to invest in the promotion of its product. Which of the following short-term financing options is being used by Tunebeak in the given scenario?

A. Commercial paper B. Factoring C. Short-term bank loans D. Trade credit

Business