Arnold has offered to take Bob into his accounting firm as a partner upon payment of $5,000 cash. In response, Bob says, "I'll give you $3,000 cash now and I will pay you the remainder in two months after I see whether things are working out as a partnership."
a. Bob has made a counteroffer and hence there is no contract.
b. Bob has rejected the terms of the original offer, but there is still a contract.
c. Under Article 2 of the UCC, Arnold is a merchant making a firm offer. Hence there is a contract.
d. Any indefinite provisions in the contract between Arnold and Bob will be supplied by Article 2 of the UCC.
a
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Lobbying refers to a PR department maintaining relationships with shareholders and others in the financial community
Indicate whether the statement is true or false
Liquidity ratios are an indication of a company's
a. ability to effectively employ its resources. b. overall debt to equity position. c. overall debt position. d. ability to pay bills when they are due and to meet unexpected needs for cash.
Which of the following statements about employees is not true?
A) They may be considered "internal customers." B) They typically will not give company feedback on intranet sites. C) Intranets offer ways to engage them online. D) Online surveys may help company leaders better meet their needs. E) They may offer valuable feedback to company leaders.
Goshawk Investments discovers that their company software was hacked and that their clients' sensitive financial information may have been compromised. Jason, the head programmer, was able to quickly detect and shut down the malware that had infected their computer network. The media has already reported the story. However, Fawzia, the CEO, decides to delay making a public statement until the company has had a chance to run diagnostic tests and conduct interviews with senior IT staff about their security protocols. Several other members of the executive management team disagree with this decision. What is wrong with Fawzia's decision, as it relates to the crisis management process?
A. A public response should be immediate to reassure clients and avoid greater damage to the company's reputation. B. Meeting with the IT staff at this point in time could send a negative message, undermining staff cooperation. C. The executive management should focus on intra-office communication, while Jason and the senior IT staff handle the interviews. D. Strategic actions, such as planning the most effective response, should take precedence over evaluation and diagnostic actions. E. Fawzia should make a statement to shareholders before issuing a public statement to the media.