A(n) ________ is a comprehensive insurance policy that includes coverage for the risks covered by a fire insurance policy as well as personal liability insurance
A) homeowners' policy
B) life insurance policy
C) umbrella insurance
D) omnibus policy
A
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A negotiated transfer price is one that is bargained for between the managers of the buying and selling divisions of a company
Indicate whether the statement is true or false
At Craig’s organization, sales people receive their commissions immediately after a sale closes. The manager keeps a large amount of cash on hand and pays the commissions as soon as the customer leaves the store. It appears the ________ dimension of cultural diversity is high at Craig’s organization.
A. assertiveness B. short-term orientation C. societal collectivism D. power-distance E. individualism
Business process reengineering is a tool for
A. radically redesigning and streamlining how an activity (workflow) is performed, by pulling the pieces of strategy-critical activities out of different departments and unifying their performance in a single department or cross-functional work group. B. the rapid redesign of an organization's structure so as to quickly create organizational competencies and capabilities. C. instituting total quality management. D. expediting the redesign of existing products and shortening the design-to-market cycle. E. making the most effective use of Six Sigma techniques.
In Matrixx Initiatives v. Siracusano case referenced in the text, the U.S. Supreme Court analyzed the question of whether an issuer must disclose known information about possible side effects of a drug that could affect the drug's stock price even though no proven statistical link exists between use of the drug and the adverse effect. The Court held:
a. that a bright-line test would be applied requiring at least one civil judgment in favor of a plaintiff before a defendant would be required to disclose allegations of a link between a drug and an adverse effect and that the defendants were entitled to dismissal of the case because no showing of a civil judgment had been introduced. b. that no statistical link between the use of the drug and adverse effects was required but that the defendants were entitled to dismissal of the case because the plaintiffs did not personally suffer adverse health effects from the drug. c. that the defendants were entitled to dismissal of the case because the plaintiffs could not prove a statistical link between use of the drug and adverse effects. d. that the "total mix of information" test applied in regard to the issue of materiality, that statistical proof was unnecessary, and that sufficient evidence existed for the plaintiffs to proceed to trial.