Indira’s financial services company knowingly financed high-risk securities during a time when all their competitors were doing the same, and like others, they were caught in the process. Over the next decade, what is likely to be the most quantifiable cost to the company?
a. fired employees and associated severance packages
b. lowered budgets for projects beginning the year the unethical conduct occurred
c. lowered employee morale
d. ongoing legal defenses
d. ongoing legal defenses
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Within the context of preparing formal reports and proposals, the term limitations refers to
A) the boundaries of your proposal, what you can and can't do. B) excuses for inadequate research or a poorly written report. C) factors beyond your control that have affected the report's outcome. D) the risks and rewards of a specific course of action. E) the costs and benefits of a specific course of action.
?If the actual inflation rate in an economy is 6% and the ideal inflation rate is 4%, the inflation gap in the economy is
A. ?-2%. B. ?-4%. C. ?2%. D. ?6%.
Information asymmetry may cause problems because management's behavior
A) may be to enhance the owners' financial interests at the expense of their self-interests. B) will always follow classic agency law. C) may not always be in the best interests of the owners (shareholders). D) as agents will always be in the best interests of the owners (shareholders).
________ is the assignment of a product's value, or the amount the consumer must exchange to receive the offering
A) Promotion B) Price C) Benefit D) Need E) Utility