Which conflict management strategy involves choosing not to deal with the issues or the people involved and retreating from the situation hoping it either goes away or resolves itself?
A. Avoidance
B. Accommodation
C. Collaboration
D. Compromise
Answer: A
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Which of the following would be a justification for involuntary dissolution of a corporation by a creditor?
A. When there is misapplication or waste of corporate assets B. When directors are acting illegally or unfairly C. When directors are in conflict, deadlock cannot be broken by shareholders, and the corporation faces ruin D. When corporation is insolvent and not paying its debts
Which is following observations is TRUE?
a. Research shows that only people with a criminal mind set commit fraud. b. Fraud perpetrators usually can be distinguished from others on the basis of psychological characteristics. c. Most fraud perpetrators have profiles that are similar to those of other people. d. When fraud does occur, the most common initial reaction by those involved in the fraud is confession.
Personal obligations may be transferred without permission
Indicate whether the statement is true or false
The Organization of Petroleum Exporting Countries (OPEC)
A. was founded in 1975. B. was conceived as a collective-bargaining unit. C. was organized in response to the formation of the European Community. D. was effective in increasing the supply of oil. E. has as its objective completely free trade among its members.