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NEW QUESTION 39
Unsecured loans are loans:

A. Granted on the basis of a company's credit standing.B. Backed by mortgaged assets.C. That do not have to be repaid for over one year.D. That appear to be too risky for most lenders to consider.

Answer: A

 

NEW QUESTION 40
An internal auditor performed a review of IT outsourcing and found that the service provider was failing to meet the terms of the service level agreement. Which of the following approaches is most appropriate to address this concern?

A. The organization should proactively monitor the performance of the service provider, escalate concerns, and use penalty clauses in the contract where necessary.B. The organization should work with the service provider to review the current agreement andC. The organization should ensure that there is a clear management communication strategy and path for evaluating and reporting on all outsourced services concerns.D. The organization should review the skill requirements and ensure that the service provider is maintaining sufficient expertise and retaining skilled resources.

Answer: A

Explanation:
expectations relating to objectives, processes, and overall performance.

 

NEW QUESTION 41
A restaurant deeded to expand its business to include delivery services rather than relying on third-party food delivery services. Which of the following best describes the restaurant's strategy?

A. Vertical integrationB. DifferentiationC. DiversificationD. Risk avoidance

Answer: A

 

NEW QUESTION 42
Which of the following statements about matrix organizations is false?

A. In a matrix organization, conflict between functional and product managers may arise.B. Matrix organizations minimize costs and simplify communication.C. Matrix organizations offer the advantage of greater flexibility.D. In a matrix organization, staff under dual command is more likely to suffer stress at work.

Answer: B

 

NEW QUESTION 43
......

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