What are pyramid schemes?

What will be an ideal response?


A pyramid scheme is an illegal business model, or investment model, where members, or investors, are paid based on recruiting additional members or investors.

Business

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Lucy and Desi are experiencing dialectical tensions between themselves that do not involve anyone in their extended family. Which kinds of tensions are Lucy and Desi experiencing?

A. Internal B. Autonomous C. External D. Disconnected

Business

Answer the following statements true (T) or false (F)

1. Listening involves just verbal communication. 2. Ethically interpreting a message means you are not intentionally letting your own bias or beliefs interfere with your interpretation. 3. A person is likely to retain 75% of a conversation. 4. Being an effective listener is a prerequisite to achieving professional excellence. 5. Listening and hearing are the same thing.

Business

When higher-priced competitors match lower prices of their competitors but have longer staying power because of deeper cash reserves, it leads to a(n) ________ trap

A) low-quality B) fragile-market-share C) price war D) escalator E) shallow-pockets

Business

What are qualifying special purpose entities?

Business