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ch4aika [34]
3 years ago
14

Discuss why Goldman Sachs was a disciple of Albert Carr's theory of "business is a poker game and we are all bluffing."

Business
1 answer:
pentagon [3]3 years ago
5 0

Goldman Sachs is remember for the $550 million settlement with the US Securities and Exchange Commission. The deal was seen to be a winner as the amount was low, an amount that the firm makes in three weeks. Goldman was seen to have acted unethically or offensively. Goldman is thus viewed to be a disciple of Albert Carr’s theory of business is a poker game and we are all bluffing. This is because bluffing is expected and legal. Both Carr and Goldman concur with the idea that both poker and business are competitions thus any party can benefit from misrepresentations and make a profit from them. In the end, if a business execute moves that do not break laws, it is a "bluff".


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Shareholders in Frontier Communications were not pleased to learn that the company's market share had changed from 40 to 21 perc
Alja [10]

Answer:

47.5\%

Explanation:

Given: The company's market share had changed from 40 to 21 percentage points.

To find: percent change in market share

Solution:

Change in percentage of company's market share =40-21=19

Percent change in market share = (Change in percentage of company's market share ÷ 40) × 100

=\frac{19}{40}(100)=47.5\%

6 0
3 years ago
Which of the following is a result of over-diversification through acquisition? Select one:
Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.  

6 0
4 years ago
Patch management watches for the release of new updates from vendors, tests the patches, obtains approval, and then oversees the
aleksandr82 [10.1K]

Answer:

TRUE

Explanation:

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A patch is a <u>set of changes to a computer program or its supporting data designed to update</u>, fix, or improve it; hence improving the functionality

3 0
3 years ago
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nataly862011 [7]

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8 0
4 years ago
after completing a client's transaction you take the opportunity to point out that she may benefit from the product or service .
xenn [34]

The correct answer is; Offer the customer some literature about the product to take with them.

Further Explanation:

If the customer is already using a product that your bank is offering, you can give them some literature such as pamphlets explaining your banks product. It will depend on your banks policy on giving out information to non-customers.

The information that you give the possible customer should include prices and any perks that they may receive for changing banks. In addition to giving the person literature, you can offer to explain your product in more details and the reasons why they should change banks.

Learn more about banking at brainly.com/question/9608829

#LearnwithBrainly

7 0
4 years ago
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