Contract laws in socialist countries tend to be: I. Detailed, mechanical, and cumbersome. II. Enforced by private companies operating on behalf of the state. Which of the following is correct?

A) Both I and II.
B) Neither I nor II.
C) I only.
D) II only.


C

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The process by which management allocates available investment funds among competing investment proposals is called:

A) investment capital B) investment rationing C) cost-volume-profit analysis D) capital rationing

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Discuss the risks associated with translation exposure and how to hedge them.

What will be an ideal response?

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According to Jack Gibb, how can a manager create a supportive communication environment?

What will be an ideal response?

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In choosing sides concerning CEO duality, two schools of thought exist. Which of the following would not be a consideration for the agency theory school of thought?

A. Firm performance typically improves under CEO duality. B. CEO duality reinforces popular doubts about the legitimacy of the system as a whole. C. CEO duality can create conflicts of interest that can negatively affect the interests of the shareholders. D. CEO duality complicates the issue of CEO succession.

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