Reactive change implies being a(n)
A) shaper.
B) follower.
C) reactor.
D) adapter.
E) leader.
B) follower.
Explanation: Most change is reactive. A better approach is to be proactive. Reactive change means responding to pressure after a problem has arisen. It also implies being a follower. Proactive change means anticipating and preparing for an uncertain future. It implies being a leader and creating the future you want.
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Indicate whether the statement is true or false
Distance delivery presentation methods are appropriate:
a. for covering highly sensitive or confidential issues. b. for problem solving meetings where there is no relationship among participants. c. whenever participants are unfamiliar with the technology. d. when the costs in time, money, and human energy justify them.
A firm's CFO is considering increasing the target debt ratio, which would also increase the company's interest expense. New bonds would be issued and the proceeds would be used to buy back shares of common stock. Neither total assets nor operating income would change, but expected earnings per share (EPS) would increase. Assuming the CFO's estimates are correct, which of the following statements is CORRECT?
A. Since the proposed plan increases the firm's financial risk, the stock price might fall even if EPS increases. B. If the plan reduces the WACC, the stock price is likely to decline. C. Since the plan is expected to increase EPS, this implies that net income is also expected to increase. D. If the plan does increase the EPS, the stock price will automatically increase at the same rate. E. Under the plan there will be more bonds outstanding, and that will increase their liquidity and thus lower the interest rate on the currently outstanding bonds.
Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport. As he searched for a runway, Yoshi heard a loud clank
followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance. If Yoshi wants to obtain jurisdiction over the owner of the airplane he may: a. send California police to Atlanta to serve the summons b. serve the owner with a summons while the owner is bar hopping in Los Angeles c. serve the owner with a summons while the owner is on a business trip to Oregon d. serve the owner with a summons while the owner is in a Delta jet flying over California on his way toHawaii e. not serve the owner because he is a Georgia resident