In general, long-term unsecured debts have lower interest rates (costs) than long-term secured debts for a particular firm.
Answer the following statement true (T) or false (F)
False
Long-term unsecured debts are riskier than secured debts. Therefore, long-term unsecured debts are costlier than long-term secured debts for a particular firm as their interest rates are higher. See 6-1: Characteristics and Types of Debt
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An ________ is important when a letter of transmittal is not included in a formal report
A) introduction to the report B) offer to provide additional information or assistance C) authorization of the report D) acknowledgment of help received while preparing the report E) executive summary
Market-based businesses differ from product-focused businesses in that market-based businesses ________
A) focus on products and services B) are providers of solutions C) have a narrow view of customers' underlying problems D) lack a strong customer focus E) lack knowledge of customer usage
Concern with introversion versus extroversion is associated with ______ fit.
A. ability-job B. personality-job C. person-organization D. personality-ability
Based on the work of Gallup researchers, which of the following is a likely behavior of excellent managers in their training and developing of subordinates?
a. They will not engage with very many employees because most will never be good performers. b. They will engage with an apathetic employee, but they will not try to turn this employee into a star performer. c. They will try to engage and motivate every employee because they believe every person can show major change in who they are. d. They will work hard, through training and encouragement, to encourage an unethical employee to adopt a philosophy of ethical behavior.