A ________ is best described as any activity a firm pursues to explore and develop new products and processes, new markets, or new ventures.
A. value chain
B. supply chain
C. corrective action
D. strategic initiative
Answer: D
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When discussing cultures, we should avoid making any generalizations
Indicate whether the statement is true or false
Under which of the following circumstances is it permissible for a company to make default in the repayment of monies due on bonds that it has issued?
A) When the company is unprofitable B) When the directors have been unable to declare a divided C) When an annual general meeting has not been held within the timeframe required by law. D) All of the above E) None of the above
Lori and her friends burn an American flag as an act of political protest. Lori is arrested for violating a state law that prohibits flag burning. The Supreme Court has ruled that laws making it illegal to burn an American flag:
a. are void because they deny a person due process rights. b. are void because a state court has no power to prosecute a person for burning the federal flag. c. are void because they violate a person's right to freedom of speech. d. are valid.
When interest rates increase with all else remaining the same, which of the following is true?
A. Both calls and puts increase in value B. Both calls and puts decrease in value C. Calls increase in value while puts decrease in value D. Puts increase in value while calls decrease in value