Plans for the best- or worst-case scenarios or for critical events that could have a severe impact on the firm are known as
A. tactical plans.
B. strategic plans.
C. contingency plans.
D. scenario plans.
E. emergency plans.
Answer: C
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The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's investment turnover?
A) 1.80 B) 2.25 C) 1.25 D) 1.4
Which of the following is true regarding compensation for hours worked under the Fair Labor Standards Act when an employee is asked to be on standby—that is, available to return to work while off duty?
a. If an employee is asked to be on standby, the hours spent on standby will not be counted as hours worked if the employee is generally free to use the time for his or her own purposes. b. If an employee is asked to be on standby, the hours spent on standby will be counted as hours worked for which the employee is entitled to compensation even if the employee is generally free to use the time for his or her own purposes. c. If an employee is asked to be on standby, the hours spent on standby will be counted as hours worked; but the employee is only entitled to one-half of the employee's regular pay for those hours. d. If an employee is asked to be on standby, the hours spent on standby will be counted as hours worked; but the employee is only entitled to three-fourths of the employee's regular pay for those hours.
Erik is the president and owner of Watch Out, a local website development company that helps clients create and build unique websites. Many of his daily tasks are heavily technical in nature and require a high level of computer programming and Internet knowledge. Which of the following would Erik primarily use when performing his daily tasks?
A. Information reach B. Explicit knowledge C. Brick-and-mortar D. Source code
Before adding a global information system (GIS), international companies must take into consideration the _____ infrastructures of the countries where its subsidiaries are located
A) management B) social C) telecommunication D) power transmission