John owns a small department store that issues its own credit cards. He has been considering
phasing out his own credit card and accepting Visa® or MasterCard® .
If John chooses to do this
he will be going from a position of risk ________ to one of risk ________.
A) reduction; transfer B) avoidance; reduction
C) assumption; avoidance D) assumption; transfer
D
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In seeking competitive advantage, the first law of business is to
A. take care of your shareholders. B. take care of your stakeholders. C. take care of the customer. D. take care of the environment. E. take care of your employees.
A limitation of using industry norms in financial performance evaluation is that some companies in the same industry may not be comparable
Indicate whether the statement is true or false
List the three main options the book discussed to source individuals for international assignments.
What will be an ideal response?
Which of the following is true about how plea-bargaining usually works?
A) A defendant who is serving a prison sentence for a crime the defendant was convicted of can get the sentence reduced for good behavior, community service or similar reasons B) A defendant waives the right to a jury trial and the judge determines guilt or innocence C) A defendant waives certain constitutional rights in exchange for a lighter sentence D) A defendant pleads guilty to the charged crime or to a lesser offense in exchange for receiving a lighter sentence than if the defendant were to be tried and found guilty of the original charges