Describe some external pressures that organizational leaders face in this day and age.
What will be an ideal response?
Varies, but may include mergers, downsizing, restructuring, layoffs, global
competition, product obsolescence, new technology, government mandates,
demographic changes, or other pressures.
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If it costs $300,000 to place an advertisement on a television show that has an audience of 15,000,000, then the CPM (cost per thousand) would be $20.00
Indicate whether the statement is true or false
On the reporting of liabilities where a range of values exists as a possible outcome, IFRS requires which of the following points to be recorded as a provision, if the outcome is probable?
a. Low end of the range. b. High end of the range. c. Midpoint of the range. d. IFRS presents no specific guidance as to this point.
A control technique that can reduce the risk of a terminated employee being paid is
a. a security camera viewing the time clock b. the supervisor taking role during the shift c. paychecks being distributed by an independent paymaster d. reconciliation of time cards and job tickets
Bobby voluntarily enrolls in a skydiving course at OpenSkies Pvt. Ltd., an adventure firm. He signs a contract that relieves OpenSkies of liability. After receiving proper instruction, he jumps from an airplane
Unfortunately, Bobby is injured when he could not steer his parachute toward the target area while landing. He sues the parachute center for damages. But the court found that the contract protected OpenSkies from damages, as Bobby had voluntarily joined the course knowing all the risks involved. What kind of contractual provision protected OpenSkies from having to pay Bobby damages? A) noncompete clause B) exculpatory clause C) duty of restitution D) disaffirmance