Bank of America’s purchase of Countrywide

a. may go down as one of the worst deals in corporate history.
b. averted what would have been a larger financial crisis that could have cascaded into a global depression.
c. saved Countrywide CEO Angelo Mozilo from being charged with wrongdoing.
d. turned out to be a great business decision after the federal government bailed out big banks.


Ans: A

Business

You might also like to view...

According to the Product Development Management Association, new product development (NPD) includes ______.

A. commercialization of a product B. product life cycle management C. replacement of product at the end of the introduction phase D. refurbishment of returned products

Business

Bradford Inc Bradford Inc manufactures and sells digital cameras. Bradford's management team has begun an intensive program whereby more time and effort are to be focused on product quality than were focused on in the past. The following data has been compiled regarding expected quality costs in the upcoming year: Product quality audits $90,000 Quality training 60,000 Rework costs 40,000 Warranty

claims 70,000 Inspection of incoming materials 30,000 Scrap costs 24,000 Statistical process control 30,000 Refer to the Bradford Inc information above. What are Bradford's total external failure costs? A) $70,000 B) $60,000 C) $140,000 D) $100,000

Business

What is meant by systematic risk factors?

What will be an ideal response?

Business

The Government Job (Scenario)Colin was getting accustomed to his surroundings in a state government job. His efforts at getting people to accept change had met with little resistance due to his and the new director's efforts as well as the hard work of his subordinates. But now the hard part really started-actually managing the change. What techniques could he and his agency's new director employ to most effectively implement changes that would result in increased productivity in his department? He considered changing three aspects of his agency: the structure, the technology, and the people.Colin decided his people will benefit from ________, a method of changing behavior through unstructured group interaction.

A. survey feedback B. sensitivity training C. team building D. intergroup development

Business