Joint ventures are a type of ________.

A. licensee
B. franchisee
C. foreign subsidiary
D. strategic alliance


Answer: D

Business

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The first step in the order-to-cash process is sales order processing

Indicate whether the statement is true or false

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All of the following would be considered alternative media, except:

A) local and state government facilities B) billboards C) escalators D) shopping bags

Business

When a Statement on Auditing Standards uses the word "should" relating to a requirement, it means that the auditor:

A. Should consider whether to follow the advice based on the exercise of professional judgment in the circumstances. B. Must comply with requirements unless the auditor demonstrates and documents that alternative actions are sufficient to achieve the objectives of the standards. C. Must fulfill the responsibilities under all circumstances. D. May choose to change responsibilities relating to various professional standards that remain under consideration.

Business

What separates a powerful strategy from a run-of-the-mill or ineffective one?

A. management's ability to forge a series of actions, both in the marketplace and internally, that sets the company apart from rivals and produces sustainable competitive advantage B. whether it allows the company to maximize shareholder value in the shortest possible time. C. the speed with which it helps the company achieve its strategic vision D. the proven ability of the strategy to generate maximum profits E. the ability of the strategy to keep the company profitable

Business