Fabotels is a hotel aggregator that buys budget hotels that succumb to financial losses and then refurbishes them under the company's brand name. Fabotels recently purchased Ravine Comforts, a small lodge that was running into huge debts. The business deal between Fabotels and Ravine Comforts exemplifies a(n) _____.
A. acquisition
B. horizontal merger
C. corporate spin-off
D. divestiture
Answer: A
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Hu believes that he is a victim of a form of employment discrimination that falls under Title VII of the Civil Rights Act. Compliance with this statute is monitored by
a. employees and job applicants, not an administrative agency. b. employers and businesses, not an administrative agency. c. the courts and Congress, not an administrative agency. d. the Equal Employment Opportunity Commission.
Regarding arbitration, which of the following statements is true?
a. historically, arbitration has been used to resolve disputes over contractual rights b. arbitrators' decisions are usually advisory and not considered final c. arbitrators have less control over the outcomes of disputes than do mediators. d. arbitration is always more costly and time-consuming than litigation e. none of these
A skills inventory is a computerized list of all the skills a prospective employee needs to fill a position.
Answer the following statement true (T) or false (F)
Stocks that are readily available to the general public and that are bought and sold on the open market are known as
A) initial public offerings. B) publicly traded issues. C) treasury stocks. D) blue chip stocks.