Answers

SB

Answered

What are the 5 Cs of credit? List and give a brief description of each.

On Jul 11, 2024


The five are character, capacity, collateral, economic conditions, and capital. The description is also very easy.
SB

Answered

In the marketing strategy section of the marketing plan, the firm details how it will gain a competitive advantage by doing something better than the competition.

On Jul 09, 2024


True
SB

Answered

A quorum of shares must be present at the shareholders' meeting, either in person or by proxy, to make effective decisions.

On Jun 11, 2024


True
SB

Answered

Discuss how technological change acts as a major external force for change in organizations.

On Jun 09, 2024


Answers will vary. Rapid technological innovation is a force for change in organizations, and those who fail to keep pace can quickly fall behind. Technology has enabled the mobile payment market to become competitive. The major players in the market, Google Wallet, PayPal, and Apple Pay, are hoping that consumers will ditch their wallets in favor of cell phones. But retailers are less excited about investing in the technologies. Merchants will have to install new technologies to take advantage of mobile pay, and consumers worry about cyber theft and payment hacks. Apple Pay, the newest of the players, is building its list of participating merchants; however, its use is limited to the newest iPhones (6 or 6 Plus)and leaves out consumers who have earlier versions.
Changes are coming to credit cards too. Magnetic strip cards are being replaced with EMV cards, which have a chip that reduces the possibility of fraud. Merchants will have to replace their existing credit card terminals with new ones, which makes mobile pay businesses happy because the new terminals will also accommodate mobile pay applications.
Technological innovations bring about profound change within organizations because the innovation process promotes associated changes in work relationships and organizational structures. The team approach adopted by many organizations leads to flatter structures, decentralized decision making, and more open communication between leaders and team members. Please see the section "Forces for Change in Organizations" for more information.
SB

Answered

Goals that focus on knowledge and skill acquisition are called

A) process goals.
B) performance goals.
C) task goals.
D) strategy-oriented goals.
E) learning goals.

On May 11, 2024


E
SB

Answered

If you were going to go on a vacation to Italy,you would prefer

A) a strong dollar against the euro.
B) a weak dollar against the euro.
C) a strong euro against the dollar.
D) a weak dollar against all currencies.

On May 10, 2024


A