What is true of formal education as an approach to employee development?
A. Formal education includes presentations sent out by an organization, which enlist the ethics and policies educating employees from time to time.
B. Formal education includes organization-specific workshops that are open to outsiders as well as employees.
C. As a prerequisite to formal education, trainees must enroll in various courses offered by an organization.
D. Organizations organize formal educational programs at the workplace or off-site to support employee development.
E. In an organization, formal education involves collating data pertaining to the development of projects.
Answer: D
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Suppose that World Corp. signs a contract to build a lumber processing plant in Siberia. If World Corp. signs a second contract agreeing to take partial payment for the plant in the form of lumber products produced at the plant, it is engaging in:
A) barter. B) switch trading. C) offset. D) compensation trading. E) a hybrid countertrade arrangement.
If a company's aim is to make its own and competing products obsolete and serve customers who want state-of-the-art products and services, it is using a value discipline called ________
A) overall cost leadership B) product activation C) product binning D) product leadership E) customer intimacy
If Terry makes a tender offer to the owners of Pizza Village's registered stock, he must file a statement with the SEC if he:
a. owns 1% of Pizza Village stock. b. will, after the acquisition, own 5% of all Pizza Village stock. c. will, after the acquisition, own 5% of one class of Pizza Village stock. d. will own more than 3% of the stock in all classes.
When an item has a value in the base period and zero in the analysis period, the decrease is 100 percent.
Answer the following statement true (T) or false (F)