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- Which of the following is NOT true regarding agency costs and agency problems? Group of answer choices A)The cost of video cameras installed in stores to limit shirking by managers is a direct agency corporation B)A number of features of a modern economy moderate the potential impact of agency costs. C)A store manager purchases a corporate jet without authorization. This is an example of a direct agency cost. D)The potential for agency problems are larger in a corporation than in a sole proprietorship.Which of the following statements are CORRECT? I. The strategic goal of any organisation should be to achieve and maintain a competitive advantage. II. Strategic entrepreneurship is the combination of entrepreneurial opportunity seeking and strategic advantage seeking. III. An entrepreneurial culture encourages risk taking and neglects entrepreneurial capabilities. IV. An entrepreneurial culture comes from the encouragement of entrepreneurial leadership. The primary purpose of IPRs is not only the protection of property from authorised use, but also to enable the owners of an innovative creation to allow their usage through a licensing fee. Select one: True False Which of the following statements correctly define 'Disruptive Innovation'? a. Disruptive innovation refers to the process in which a new market is created that also destabilises an existing market. b. Disruptive innovation is a service that benefits one or more segments of the community or society,…26 Which of the following is TRUE regarding the customer rights?* A. Ensure the transaction, service or products shariah approved activity B. Right to fulfilment of a valid contract C. The equity participant D. Right to fair treatment
- 3. Ethics refers to A)the practice of obeying applicable business laws and regulations B) the ability to recognize a morally problematic situation C) the ability to know right from wrong and to know when you're practicing one instead of .3 the other D)a series of situations in which an individual must choose between personal interest and the interest of others. 4 .5 4. What is the price at which the quantity of goods demanded, and the quantity of goods supplied are equal .6 .8 A) The going rate B) The margin rates C) The market price D) The optimum priceExplain the operation of the contra proferentem rule. Is such a rule defensible in today’s businessenvironment? (maximum 300 words)1. A ________ is a small percentage or fixed amount of a health care fee that many employees are required to pay. A. Co-op payment B. Co-percentage C. Co-payment D. None of these 2. A "right-to-revise" policy: A. Is a legal requirement B. Means an employee can quit at any time C. Means a company can terminate an employee at any time D. Preserves a company's right to update its policies 3. When asked to sign a performance evaluation: A. Sign the document, even if you don't agree with its contents B. Sign the document, even if you don't agree with its contents, but include an emotional written response C. Sign the document, even if you don't agree with its contents, but include factual evidence supporting your concerns D. Do not sign the document if you disagree with its contents
- Which among the following is not an intangible asset? A)Trademark B)Inventory C)Patent D)CopyrightThe primary purpose of a firm’s mission statement is to: a. define the firm’s purpose in society b. create good human relations among its stakeholders c. establish good public relations for the firm d. explain the operational structure of the firm Clear my choice121. An organization using the __________ develops a simple, excellent offering that captures the imagination of its employees and its customers. a) BCG matrix b) Blue Ocean strategy c) Green Forest analysis d) Hedgehog Concept e) Fox Analysis 122. When an organization goes outside of its industry and faces less competition it is following a __________. a) BCG strategy b) Blue Ocean Strategy c) Green Forest Analysis d) Hedgehog strategy e) Fox Analysis 123. __________ denote all industries (1) not yet in existence or (2) that are created by expanding industry boundaries. a) Green forests b) Blue oceans c) Red oceans d) Purple skies e) Orange skies 124. A(n) __________ is the visual display on a single computer screen of the essential information related to achieving a marketing objective. a) marketing screen b) objective dash c) marketing dashboard d) information screen e) corporate dashboard 125. A measure of the quantitative value or trend of a marketing activity or result is…
- 1 Which of the following is not true regarding financial accounting? a. Shows the profit/ loss of the business b. Prepared not based on double entry system c. Concerned with recording transactions d. Mainly intended for external users1. Discuss and compare the functions of regulations, incentive and pricing mechanisms with respect to achieving environmental goals.2. With respect to product safety, what is strict liability, and what older standard does it replace?3. With respect to proprietary information, what is a trade secret, and how does it differ from information that’s patented or copyrighted?4. When employers are gathering information about job applicants or current employees, what is the meaning of informed consent?5. What are the principles of the old system of mercantile capitalism?6. What is a corporation, and what is the principle of limited liability?7. What is an ecosystem, and what is meant by interdependency in an ecosystem?8. List and briefly explain the 4 key features of capitalism.Keep answers short and accurate.A few days before the end of the term of a two-year NDA (nondisclosure agreement) he signed witha startup company related to a possible patent, Frank interviewed with another startup and divulgedinformation covered by the agreement. The interview had been scheduled for a week later, in whichcase it wouldn’t have been an issue, but had been moved up when another job applicant dropped outand the company had an opening for an earlier interview. Frank reasoned that he had met the spiritof the NDA, and a few days early wouldn’t really matter. Besides, as it turned out, the company heinterviewed with wasn’t interested in that information, although they did hire him. What would youhave done if you were Frank?