Equity-debt holder conflicts are more likely to arise if the risk of financial distress is high
Indicate whether this statement is true or false.
Answer: TRUE
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Which of the following is an example of a proactive change?
A. Ciara's staff is unhappy about the long hours they have been working and several of them quit before she knows there is a problem. B. Ciara's group sends a product that is nearing its launch date back to the drawing board based on a competitor's superior new offering. C. Ciara cannot get permission to hire another person until her group misses several deadlines. D. Ciara is constantly "putting out fires," responding to daily crises in her group. E. Ciara explores improvements in bonus structures with her staff and begins to implement them despite the fact that her employees are generally content.
Using your eyes is a particularly effective way to express meaning without words
Indicate whether the statement is true or false
The competitive advantage of a new venture is _______________.
a. rarely sustainable b. a distinctive factor that gives the venture a clearly superior position relative to competitors c. protected by a trustworthy team d. most often a low price
A license permits the use of another's intellectual property for certain limited purposes
a. True b. False Indicate whether the statement is true or false