Briefly describe the sources of content conflicts.

Global corporations are expressions of which stage of internationalization?

A) Third
B) Direct foreign investment
C) Joint venture
D) First
E) Licensing

What is one of the actions that CANNOT help managers defend against a hostile takeover?

A) establishing a poison pill provision
B) granting lucrative golden parachutes to senior managers
C) establishing a super-majority provision in the company's bylaws to raise the percentage of the board of directors that must approve an acquisition from 50% to 75%
D) changing the voting procedures for the board election from a noncumulative to a cumulative one

The three parties involved with a check are:

A) The writer,the cashier,and the bank.
B) The maker,the payee,and the bank.
C) The maker,the manager,and the payee.
D) The bookkeeper,the payee,and the bank.
E) The signer,the cashier,and the company.

Visionary leadership describes a leader who brings to the situation a clear and compelling sense of the future as well as an understanding of the actions needed to get there successfully.

You work for Canada Corp.Inc.,and you must estimate the Year 1 operating cash flow for a project with the following data.What is the Year 1 operating cash flow? $\begin{array}{ll}\text{ Sales revenues }& \$25,000\\ \text{ Capital cost allowance }& \$5,000\\ \text{ Cash operating costs }& \$12,000\\ \text{ Tax rate }& 40.0\%\end{array}$

A) $9,800
B) $12,500
C) $17,000
D) $12,000

Other things being constant, when a firm sells new shares of stock, the

A) supply of the stock increases and the price decreases.
B) supply of the stock decreases and the price increases.
C) demand for the stock increases and the price increases.
D) demand for the stock decreases and the price decreases.

After being fired from a job,a constructive action to take would be to work through the firing psychologically.