When one of the counterparties to an agreement globally may possibly fail to honor its contract, it is known as ________ risk

After 75 years in business, ABC Corp. has decided it is time to overhaul its compensation system. What advice would you offer its HR manager?

A) Make it more flexible and reduce the number of pay levels. B) Pay everyone in the same pay grade the same wage regardless of seniority. C) Focus on benefits rather than wages or salaries. D) Make pay a function of the amount of education the employee has.

A business's early growth stage is generally characterized by increasing sales and heightened complexity

Indicate whether the statement is true or false