An organization’s assumptions are implicit and ________ resistant to change.

A. moderately
B. not likely to be
C. equally
D. highly
E. None of these are correct.


Answer: D

Business

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The difference between the expected rate of return on a given risky asset and the expected rate of return on a less risky asset is known as the _____.

A. ?standard deviation of returns B. ?variance of returns C. ?actual rate of return D. ?risk premium E. ?risk adjusted return

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In 2015, a company had a total debt of $7 million. In 2016, the debt increased to $9 million. The change in earnings per share (EPS) of the company will be a direct result of change in its:

A. gross domestic product. B. beta coefficient. C. coefficient of variation. D. capital structure E. standard deviation.

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Chord Guitars Inc sells guitars and other stringed instruments to consumers. A Chord salesperson says to a potential customer, "This Chord is the best guitar you'll find anywhere, even online.". This statement is

a. an implied warranty of fitness for a particular purpose. b. an implied warranty of merchantability. c. an express warranty. d. none of the choices.

Business