Which one of the following actions should a company take IMMEDIATELY when it finds that its product is defective?
A. inform buyers about it
B. take corrective action in a timely manner
C. stop producing the product
D. lower the price
A. inform buyers about it
You might also like to view...
When should a culture be changed as rapidly as can be managed?
A. When the case for cultural reform is not credible, symbolic, nor substantive B. Never, because the actions and behaviors needed to execute the new strategy successfully are well entrenched, and thus are not changeable C. When a strong culture is unhealthy or otherwise out of sync with the actions and behaviors needed to execute the strategy successfully D. Only rarely, because it is natural for company personnel to cling to existing practices and to be wary of new approaches E. When a company decides on any innovations to its products or services
Businesses have embraced podcasts for audio and video messages because podcasts A) do not require a live presence, yet offer a friendly human face
B) can't replace costlier live teleconferences but can replace most business travel. C) provide up to 1,000 views per podcast, saving money over individual presentations. D) broadcast interactive, non-repetitive information.
Suppose the future anticipated cash flows of a foreign business produce less domestic currency upon conversion. This problem in the reduction in the value of future cash flow from operations is called ________
A) cash flow exposure B) transaction exposure C) asset exposure D) operating exposure
When computing the standard deviation, why are the deviations from the mean squared?
What will be an ideal response?