In a successful Chapter 11 bankruptcy, a business owner may be able to do all of the following EXCEPT
A. sell the assets and keep the money for personal expenses.
B. terminate union agreements.
C. force creditors to accept an equitable plan for reorganization.
D. terminate leases and other contracts.
Answer: C
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If the population in a country is 182 million, the working-age population is 134 million, the number of employed people is 73 million, and the number of unemployed people is 14 million, then the unemployment rate in the country is
A. 3.7 percent. B. 7.7 percent. C. 10.4 percent. D. 16.1 percent.
When leaders build a strong, unified culture in the teams that they lead because of the cohesiveness and sense of purpose that comes from this, it is called a ______.
a. culture of purpose b. culture of diversity c. culture of homogeneity d. culture of heterogeneity
Gershwin, a musical toy for toddlers, is in the maturity stage of the product life cycle, and Gershwin managers have decided to modify the product. What will Gershwin managers most likely do to achieve this goal?
A) change distributors B) offer coupons for the toy C) change the packaging of the toy D) launch an online advertising campaign E) cut prices of the toy to attract new customers
Which compensation system is most appropriate for a pure order-taking position?
a. compensation cafeteria b. straight-commission plan c. PMs d. straight-salary plan