In making a decision to diversify, managers should use value-creating reasons or face the risk that their firms will be acquired and they could lose their jobs. Which of the following is a value-creating reason to diversify?
A. Economies of scope
B. Desire for increased compensation
C. Reduced managerial risk
D. Low performance
Answer: A
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Select the statement that might represent a valid objection to worker participation in management decisions.
A. Any attempt to involve employees in decision making will be inefficient. B. Substantial conflicts that exist between the interests of the firm and the interests of the employees are more likely to occur than similar conflicts between the interests of managers and the interests of the firm. C. Private owners have property rights that include the right to manage and direct the business. D. Workers lack the expertise and knowledge to manage a business.
Countries can have only one culture; however cultures can span national borders.
Answer the following statement true (T) or false (F)
In a Japanese society, which statement regarding rank is incorrect?
a. The person of lower rank bows first and lowest. b. The higher the rank of the person you are introduced to, the lower you bow. c. When entering a room, the lowest ranking person enters first, leaving the highest ranking person to enter last. d. The middle-level manager in a large company outranks a department head from a smaller company.
Functions cannot be used in a(n) CHECK constraint or as a default value of a table column.
Answer the following statement true (T) or false (F)