Asymmetric information results when managers of a firm have more information about the firm's operations and future prospects than investors have
Indicate whether the statement is true or false
TRUE
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Discount Furniture has seen sales decline in a highly competitive environment. To be able to offer a lower-cost product, management decides to close its factory in North Carolina, laying off 85 workers from the company's 465-person workforce. Under the Workers' Adjustment Retraining and Notification Act, what must Discount Furniture do?
A. It must request employees' consent before releasing their job records. B. It must explain employment-at-will principles to the employees. C. It must provide all the employees with exit interviews. D. It must give the employees 60 days' notice before it can begin the layoffs. E. It is required to seek legal advice to identify any exemptions available.
For which of the following products would the intensive distribution strategy most likely be used?
A) high-end cameras B) luxury cars C) lawn mowers D) soft drinks E) furniture
Adapting your message to the audience involves A) thinking of the right words and tone to use in your message
B) rewriting your message several times to ensure it is clear. C) selecting the best research to incorporate within the message. D) conducting a thorough audience analysis.
When a software company developed a new phone, it determined how many production and marketing employees would be required for the launch. The company was involved in
A. demand forecasting. B. job analysis. C. performance appraisal. D. outplacement. E. training and development.