When a venture is in financial distress but believes it has a turnaround opportunity, which of the following won't apply?
a. operations restructuring
b. asset restructuring
c. private liquidation
d. financial restructuring
C
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Which of the following observations about the International Monetary Fund (IMF) is true?
A. The IMF can force countries to adopt the policies required to correct economic mismanagement. B. Internal political problems can affect a government's commitment to taking corrective action in return for an IMF loan. C. In recent years, the IMF has begun to make its policies more tight and inflexible. D. In response to the global financial crisis of 2008-2009, the IMF began to adopt a "one-size-fits-all" approach to macroeconomic policy. E. In recent years, the IMF has begun to urge countries to oppose fiscal stimulus and monetary easing.
If an organization is viewed as a system by its managers, which of the following is (are) characteristic(s) of the organization?
a. It consists of discrete, isolated parts. b. It relies on rules and procedures to standardize its activities into a systematic effort. c. It acquires inputs, transforms them, and exports outputs to the environment. d. answers a and c e. all of the above