Although restrictive covenants can potentially reduce moral hazard, a problem with restrictive covenants is that
A) borrowers may find loopholes that make the covenants ineffective.
B) they are costly to monitor and enforce.
C) too many resources may be devoted to monitoring and enforcing them, as debtholders duplicate others' monitoring and enforcement efforts.
D) all of the above.
E) only A and B of the above.
E
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The core of a CRM program is a ________ database
A) competitor B) supplier C) channel members' D) customer
A budget that is developed by both top management and operating personnel is referred to as a(n) ______________________________
Fill in the blank(s) with correct word
Which of the following statements about the work package is true?
a. The work breakdown structure is part of the work package. b. The work package is determined in the conceptualization stage of the project. c. The work package is part of the process following the completion of the project. d. The work package is part of the work breakdown structure.
Which of the following practices makes a message less courteous?
A. Adopting a reader-centered writing style B. Creating several short paragraphs instead of one long paragraph C. Using less traditional fonts such as cursive type fonts and solid capital fonts D. Varying the sentence structure in the message