Firms that pursue extremely high or extremely low levels of diversification perform better than those that pursue moderate levels of diversification.
Answer the following statement true (T) or false (F)
False
A cumulative body of research indicates an inverted U-shaped relationship between the type of diversification and overall firm performance. High and low levels of diversification are generally associated with lower overall performance, while moderate levels of diversification are associated with higher firm performance. This implies that companies that focus on a single business, as well as companies that pursue unrelated diversification, often fail to achieve additional value creation.
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Under the Older Workers Benefit Protection Act of 1990, which guideline must employers follow when asking employees to sign early-retirement waivers?
A. make Age Discrimination in Employment Act (ADEA) waivers compulsory B. inform employees that they may consult with a lawyer before signing C. provide lesser benefits than would otherwise be available upon retirement D. provide employees with an annual bonus and health insurance after the retirement E. allow employees no more than 48 hours before signing the retirement agreement
The traditional defenses of contributory negligence and comparative negligence do not apply in a negligence action against an accountant.
Answer the following statement true (T) or false (F)
Most companies use a promotion system to recognize and reward top employees. _________________________
Answer the following statement true (T) or false (F)
In terms of trade credit, default costs vary indirectly with the quality of the customer
Indicate whether the statement is true or false