The voluntary relinquishment of a legal right is called
A) subrogation.
B) adhesion.
C) estoppel.
D) waiver.
Answer: D
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Admitting our duties to followers is key to meeting which ethical leadership challenge?
A. challenge of information B. challenge of responsibility C. challenge of loyalty D. challenge of consistency
The phrase ‘the ____’ is used to include the concept of organizational development in its broadest sense.
a. Managerial applications of behavioral science b. Diversified organization c. Organizational change d. Management of change
As long as you use privacy settings on social networking sites, you do not need to worry about personal sensitive information being shared
Indicate whether the statement is true or false
A new firm is developing its business plan. It will require $735,000 of assets (which equals total invested capital), and it projects $450,000 of sales and $355,000 of operating costs for the first year. Management is reasonably sure of these numbers because of contracts with its customers and suppliers. It can borrow at a rate of 7.5%, but the bank requires it to have a TIE of at least 4.0, and if the TIE falls below this level the bank will call in the loan and the firm will go bankrupt. The firm will use only debt and common equity for financing. What is the maximum debt to capital ratio (measured as debt/total invested capital) the firm can use? (Hint: Find the maximum dollars of interest, then the debt that produces that interest, and then the related debt to capital ratio.) Do not
round your intermediate calculations. A. 46.53% B. 38.78% C. 43.08% D. 34.90% E. 53.85%