When a corporation goes from being a private to a public firm it will sell stock in what is called a(n) ________
Fill in the blank(s) with the appropriate word(s).
Answer: initial public offering
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Which of the following best describes the preferred approach for managers confronted with risk?
A. They avoid it by any means necessary. B. They eliminate it with a thorough understanding of the consequences of each option. C. They anticipate it, minimize it, and control it. D. They understand there is no way to manage it. E. They thrive on taking risks.
When getting bad news from people of other cultures, how can you be sure of the message?
A) Listen carefully to what is said, and what is not said B) Ask them to put the response in writing C) Repeat their responses back to them D) Ask for direct, specific responses E) Assume the news is good unless there is a clear indication otherwise.