The last step in conducting discriminant analysis is to interpret the results (Figure 18.2 in the text)
Indicate whether the statement is true or false
FALSE
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Fernando, a manager at a top engineering company, believes he can hire a few employees by promising them job security and later terminating them if business slows down. On what grounds could such a termination be considered a wrongful discharge?
A. Desperate times call for desperate measures. B. The company overpaid the terminated employees. C. The company has policies for handling misbehavior. D. The terminations deviate from the promise of job security in the work agreement. E. The company is under financial constraints and, at times, has to have employee layoffs.
The streamlining of business processes to reduce costs is key to competitive strategy.
Answer the following statement true (T) or false (F)
Which mode of entry carries the lowest risk and has the lowest potential return?
(a) Exporting (b) Licensing (c) Franchising (d) Foreign direct investment
What is an acquisition?
a. one company takes over another company and sets itself up as the new owner b. three or more companies spread resources out over several different areas c. one company divides into two or more companies d. two companies agree to go forward as a single new company