Is a form of informal communication
a. A progress report
b. The grapevine
c. An attitude survey
d. A morale survey
b
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The "spread" is a bank's profit margin on foreign exchange trading and equals the difference between the bid rate and the offer rate.
a. True b. False
Only the lowest levels of management can be evaluated using budgets
Indicate whether the statement is true or false
Katrina’s organization is hiring for low-skilled jobs in an industry where unemployment is high and it is easy to find replacement workers. Adopting a(n) ________ organizational philosophy on compensation could allow her to hire plenty of workers.
A. wage compression B. below-the-market C. pay for longevity D. competency-based pay E. profit pay
Which of the following is NOT one of the six steps to personal finance planning process?
a. Inventory your current situation. b. Check with your friends and family to see how their financial planning process is going. c. Develop financial goals. d. Identify courses of action and choose one. e. Evaluate your course of action and adjust if necessary.