As she considered becoming a partner in a new business venture, Valerie asked her potential partner about a(n) ___________ in the event that the partnership did not work out as expected.

A. liquidation plan
B. equity split
C. exit strategy
D. asset distribution plan


Answer: C

Business

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Paige is writing a purpose statement for a report she will submit to her supervisor. To express clearly what she intends to do in the report, she should use ________

A) action verbs B) strong adjectives C) passive voice D) noun phrases

Business

Harry Kunz applied for a job as a data entry clerk with the Clark Foundation. The job ad stated the minim requirements as being a bachelor's degree

Harry, who only possessed a high school diploma, lied on his resume by stating that he had received a Bachelor's Degree from the University of British Columbia. Harry got the job and performed extremely well. Two years after he was hired, his supervisor discovered that Harry had lied about his qualifications and he was immediately fired. Harry wishes to take legal action against his employer for wrongful termination. Which of the following is TRUE? A) Harry will likely be successful in recovering damages for wrongful termination of his employment as he was an excellent employee irrespective of his true educational qualifications. B) Harry did not make a material misrepresentation as his job performance illustrated clearly that a Bachelor's degree was not a true prerequisite of the post. C) Harry's employer can no longer rely on his having lied about his qualifications as grounds for his dismissal as too much time has passed. D) The employer was justified in terminating Harry's employment as Harry had made a material misrepresentation. E) Harry's dismissal was justified as he lied and any lie told by an employee to his employer is always grounds for immediate termination.

Business

_______________ has become the new word- of- mouth creating buzz about the product and allowing consumers to decided whether or not to purchase the product.

a. Traditional media b. Guerilla marketing c. Social media d. Virtual marketing

Business

In the case of workgroup information systems, problems are resolved by contract and litigation

Indicate whether the statement is true or false

Business