No Matter What the Crisis,there Are Some Basic Guidelines Managers

question 10

Multiple Choice

No matter what the crisis,there are some basic guidelines managers should follow to minimize the negative outcomes.Which of the following is an example of one of those guidelines?

• A) Managers should avoid any direct contact with the press.
• B) Managers should release ambiguous statements to the media to give them time to assess the problem.
• C) Managers should ask for help if it is needed.
• D) Managers should take their time so they can have a thorough understanding of the crisis and have all the information on how to handle it at their fingertips.

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Definitions:

Fixed Rate

An interest rate that remains the same throughout the entire term of a loan, investment, or financial product.

Stocks

Shares of ownership in a company that entitle the holder to a claim on part of the company’s assets and earnings.

Present Value

The current-day worth of an anticipated future money amount or cash flow sequences, calculated using a particular rate of return.

Received

Refers to any amount of money received by a party or business, usually in the context of payments for goods or services.