Which of the Following Statements About Decision Making in a Crisis

question 33

Multiple Choice

Which of the following statements about decision making in a crisis is true?

• A) In crises,managers should make decisions only after taking all of the details into account.
• B) An effective plan for crisis management should include strategic actions.
• C) In crises,managers should avoid making decisions under pressure.
• D) It is not imperative to include crisis management on the management's agenda.
• E) Crises can never provide benefits to a company.

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Definitions:

Non-Controlling Interests

A minority stake in a company that is not enough to exert control over it.

Comprehensive Income

The change in equity of a company during a period from transactions and other events from non-owner sources, including all revenues, gains, expenses, and losses.

Tax Effect

The impact of tax laws on business transactions, which influences how these transactions are structured and reported.