Compare and contrast the perspectives of a lawyer and a business client when approaching the negotiation of a contract
Businesspeople are optimists – they believe they have negotiated a great deal and everything is going to go well – sales will boom, the company will prosper. Lawyers have a different perspective – their primary goal is to protect their clients by avoiding litigation, now and in the future. For this reason, lawyers are trained to be pessimists – they try to foresee and protect against everything that can possibly go wrong. Businesspeople sometimes view this lawyering as a waste of time and a potential deal-killer. What if the two parties cannot agree about what to do in the event of a very unlikely circumstances? The deal might just collapse.
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Which of the following statements is true of accountants' liability?
A) The plaintiff only has to prove breach of duty in malpractice actions against accountants that are based on negligence. B) All states follow the same guidelines to determine to whom an accountant can be held liable. C) The Ultramares Doctrine allows third parties to sue accountants. D) The smallest minority of states holds the accountant liable to any reasonably foreseeable user of the statement the accountant prepares.
In which of the following situations will compatibility management be of little or no importance?
A. Customers engage in numerous and varied activities B. Customers must wait for the service C. Customers are in close proximity to each other D. The service environment attracts a homogeneous customer mix E. The core service is compatibility
All of the following are disruptive forces to change business except ________.
A. self-driving cars B. cryptocurrencies C. digital reality devices D. 2D printing E. Internet of Things
Tom and Sally Jones are preparing to purchase a new car. Tom currently has a Toyota Camry and Sally has a Honda Accord. They now have two children under age 5, so they plan to trade in Sally's car to purchase a minivan. Sally and Tom decide on a Honda Odyssey because Sally is familiar with Hondas and thinks they are very reliable. In this purchase situation, Tom and Sally's family life cycle stage is a ________ segmenting dimension, and the benefit Sally seeks (reliability) is a ________ segmenting dimension.
A. demographic; behavioral B. geographic; behavioral C. demographic; geographic D. behavioral; demographic E. geographic; demographic