Leila Is a Graduate Student Pursuing a Course in International

question 50

Multiple Choice

Leila is a graduate student pursuing a course in international business.Presented with the case of HP's "soap opera," Leila wonders whether it was the right decision to ask the CEO of HP, Mark Hurd, to step down after he was accused of sexual harassment.Having a strong inclination toward Michael Porter's idea of value creation, Leila is most likely to conclude that:

• A) HP was wrong in asking Mark to step down because it did not consider the profit dip that would affect its shareholders.
• B) HP was right in asking Mark to step down because it has a greater obligation toward society.
• C) HP was wrong in asking Mark Hurd to step down because he was responsible for an almost 90 percent appreciation of the company's stock.
• D) HP was right in asking Mark Hurd to step down because agents, unlike principals, are disposable.

Appreciate the necessity of establishing a record and confirming follow-up procedures when delivering bad news in writing.

Understand the definitions and classifications of cash equivalents and investments.

Comprehend the accounting methods for equity and debt securities.

Recognize when to use the consolidation method for financial reporting.

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Definitions:

Handshake

A traditional greeting or agreement where two people grip and shake each other's hands.

British Nationals

Individuals who hold citizenship of the United Kingdom, including those from England, Scotland, Wales, and Northern Ireland, with specific rights and responsibilities under British law.

Handshake

A traditional greeting in which two people grasp and shake each other's hands.

Germans

Refers to the people originating from or associated with the country of Germany.