Explain generic political and economic changes as triggers to initiate implementation of a contingency plan
What will be an ideal response?
Political Changes-New laws can cause dramatic effects on organizations. They can benefit the organization (such as
solar energy credits helping solar energy companies), or hurt it (such as luxury taxes targeting high-priced
automobiles).
Economic Changes-The economic climate can affect the success of a new product or service. Marketing in a time of
prosperity is often easier than marketing in recessionary periods.
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The Kruk Company regularly sells merchandise to German customers. On December 1, 2018, Kruk sold merchandise to a German customer at a price of three million Euros; the customer is required to pay for the goods on February 1, 2019. The spot rate was $0.875 per euro on December 1, 2018, it was $0.8875 per euro on December 31, 2018, and it was $0.865 per euro on February 1, 2019. Required:Prepare the journal entries that might be necessary on December 1, 2018, December 31, 2018, and on February 1, 2019.
What will be an ideal response?
Admitting our duties to followers is key to meeting which ethical leadership challenge?
A. challenge of information B. challenge of responsibility C. challenge of loyalty D. challenge of consistency
Which of the following is a disadvantage of texting as a channel?
A. Security may be compromised. B. lack of structure and format C. unprofessional writing style D. all of these
The customer-centric service worldview means that business revolves around the global economic business environment.
Answer the following statement true (T) or false (F)