Risk identification should address every possible negative event
Indicate whether the statement is true or false
FALSE
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Which of the following statements is true about the regional and cultural differences within China?
A) The interior regions in China have highly developed distribution and logistics facilities which attract marketers. B) There are several important gender variances that marketers need to be aware of while operating in China. C) The majority of Chinese consumers are wary of advertisements and are more receptive to other means of promotions. D) Cultural homogeneity throughout the country enables marketers to package products without localizing them.
Which of the following statements is CORRECT, assuming positive interest rates and holding other things constant?
A. Banks A and B offer the same nominal annual rate of interest, but A pays interest quarterly and B pays semiannually. Deposits in Bank B will provide the higher future value if you leave your funds on deposit. B. The present value of a 5-year, $250 annuity due will be lower than the PV of a similar ordinary annuity. C. A 30-year, $150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage. D. A bank loan's nominal interest rate will always be equal to or less than its effective annual rate. E. If an investment pays 10% interest, compounded annually, its effective annual rate will be less than 10%.
Net Income:
A. Decreases equity. B. Represents the amount of assets owners put into a business. C. Represents owners' claims against assets. D. Is the excess of revenues over expenses. E. Equals assets minus liabilities.
Vasya and Austin share responsibility for writing up the minutes following the weekly staff meeting and circulating them to all attendees. Vasya and Austin take turns, alternating weeks. One week, Vasya’s boss yelled at her for not getting the minutes out on time, even though it was Austin’s week to send them out. Which Just Cause test applies in this case?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?