The Earthquake/tsunami Which Hit Japan in March of 2011 Highlights

question 101

Multiple Choice

The earthquake/tsunami which hit Japan in March of 2011 highlights the contemporary need to design organizational controls for ________.

• A) cross-cultural differences
• B) global turmoil and disasters
• C) workplace privacy
• D) workplace safety
• E) data security

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Definitions:

Partnership Authority

The legal power granted to a partner to act on behalf of and bind the partnership in business transactions.

Unlimited Personal Liability

A legal condition in which an individual can be held entirely responsible for the debts or obligations of a business entity, without limit to the value of that individual's assets.

Partnership Agreement

A contract among business partners detailing the operational and financial arrangements of the partnership.

Management Duties

Responsibilities and tasks that managers are expected to perform in order to ensure the efficient operation of an organization.