What is SWOT analysis? List its four elements and describe its purpose
What will be an ideal response?
The four elements of SWOT are strengths, weaknesses, opportunities, and threats. Its purpose is to maximize opportunities and minimize threats in the environment, while maximizing the advantages of the organization's strengths and minimizing the weaknesses.
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Which one of the following is not a generally recognized internal control procedure?
a. Internal review by the audit committee of the board of directors b. Independent verification of the work of one employee by another employee c. Independent review and appraisal by internal auditors d. Segregation of duties
Generally, U.S. employers abroad must abide by U.S. discrimination laws.
Answer the following statement true (T) or false (F)
Systematic risk can be effectively managed through diversification
Indicate whether this statement is true or false.
You have a used CD store. At an estate sale, you can purchase 230 compact discs for $356.5. You believe you could sell the CDs for an average of $3.05 each. What is the net benefit of buying the CDs at the estate sale and selling them in your store?
A) $445 B) $545 C) $645 D) $345