Felicia goes through an involuntary bankruptcy proceeding. An invol¬un¬tary bankruptcy occurs when
a. creditors are forced to accept a discharge of a debtor's debts.
b. a debtor is unable to pay his or her debts as they come due.
c. a debtor's creditors force the debtor into bankruptcy proceedings.
d. a debtor's debts exceed the fair market value of his or her assets.
C
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Answer the following statements true (T) or false (F)
1. According to Michael Porter, three service strategies include a lower price, a differentiated product, and finding a market niche. 2. Scenario planning and the Delphi technique are quantitative forecasting techniques. 3. The best of strategic plans may have to be changed, because the future is uncertain. 4. Three important factors that will influence future hospitality organizations are changing technology, the entry of Generation Y into the workforce, and changes in market segment definitions. 5. Some factors that will affect future hospitality organizations are predictable and simple, like estimating how many teenagers will be available for work in ten years.
Interest on a 90-day, 10 percent, $10,000 note receivable is
a. $2,500.77. b. $288.38. c. $246.58. d. $1,000.63.
Assignment linear programs always result in integer solutions
Indicate whether this statement is true or false.
India, like some other countries, may require entering firms to create ________ when expanding into their markets, limiting outsiders' control of businesses.
A. joint ventures B. direct investments C. strategic alliances D. export promotions E. franchises