The geometric growth in the volume and nature of issues global leaders deal with is known as
A. proximity.
B. dynamism.
C. multiplicity.
D. interdependence.
E. ambiguity.
Answer: C
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________ research is a marketing research design used to generate ideas in a new area of inquiry
A) Descriptive B) Syndicated C) Explanatory D) Experimental E) Exploratory
Max Shell borrows money from a bank to finance his clothing business. He signs a demand loan. After 10 year of operating his business and making regular payments on his line of credit, he begins to experience financial difficulty
The bank gets nervous and calls in the loan. Max meets with the bank manager and asks for time to raise the money. The manager says, "Sorry, Max, business is business." Max leaves the bank, returns to the store, and finds a bank-appointed receiver in charge. Is there anything Max can do? A) No. A demand loan means that the bank can demand repayment at any time. B) No. Max would have been better off signing a term loan rather than a demand loan, since he would then have had to the end of the term to come up with the money. C) Yes. The bank did not act in good faith and the courts will apply principles of equity. D) Yes. Even though this was a demand loan, the bank was obliged to give Max a reasonable amount of time to meet the demand. E) Both A and B
Which of the following is NOT a common characteristic of issuing short-term debt?
A) Issuing short-term debt increases uncertainty compared to a long-term fixed-rate issue. B) Issuing short-term debt provides more frequent financing opportunities. C) Short-term interest rates are typically HIGHER than long-term rates. D) Short-term debt financing could be problematic in the event of an economy-wide liquidity crisis.
Avon, Inc., has analyzed the market potential in its territories and set sales quotas for its salespeople. It is now in a good position to develop ________ indexes at the end of the year.
A. PERT B. contribution C. sales D. performance E. MIS