The features of the M-Form of firm organization are
a. divisions have difficulty responding to market changes
b. it is difficult to maintain customer relationships
c. coordination across divisions is simple and does not take much management time
d. employee evaluation is hampered by managers often having different skill sets than those the manage
d
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Which of the following is TRUE regarding real GDP?
I. Real GDP is the value of the total production of the country's farms, factories, shops, and offices. II. Real GDP rises whenever inflation occurs. III. Real GDP does not measure all that is produced. A) I and II B) I and III C) II and III D) I, II and III
An increase in the equilibrium quantity of good X can be caused by
A) an increase the price of inputs utilized in producing good X. B) an increase in the price of good X. C) a technological improvement in the process of producing good X. D) a reduction in the number of producers of good X.
In the context of hostile corporate takeovers, a white knight is a
a. hostile firm that wishes to take over another b. bank that lends a troubled firm money c. friendly corporation that acquires the threatened firm d. government law that prevents the hostile takeover e. strategy to make the firm less desirable by acquiring debt
The interest rate in the federal funds market:
A. is determined by the imposition of price controls imposed by the Fed. B. rises when the quantity of funds demanded by banks seeking additional reserves exceeds the quantity supplied by banks with excess reserves. C. will fall if the Fed sells bonds and, thereby, reduces the reserves available to banks. D. is an interest rate that is largely unaffected by the policies of the Fed.