When a company decides to enter a line of business that is farther away from its final customer, what type of growth strategy is this called?
a. backward integration
b. forward integration
c. related diversification
d. unrelated diversification
a. backward integration
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Women are more aware of the complete relationship among the parties who are negotiating and more likely to perceive negotiation as part of the larger context within which it takes place than to focus only on the content of the issues being discussed.
Answer the following statement true (T) or false (F)
Dynamic models have an embedded simulation clock and mimic the behavior of the system from a given start time to a given end time
a. True b. False
Which one of the following statements is TRUE?
A. An example of an agency relationship is when a private individual hires a lawyer to prepare her defense in a lawsuit. B. An example of an agency relationship is when a supervisor hires a forklift operator. C. The supervisor-employee relation between a production line supervisor and a production line operator is an example of an agency relationship. D. An agency cost is the wage required to pay someone who is hired to perform a service. E. An example of an agency cost is when the board of directors pays a dividend to shareholders.
Jewelry & Coin Company hires Kelly Ann to buy gems and precious metals from various sources on its behalf. In this relationship, Jewelry & Coin is A) an employee
B) an independent contractor. C) aprincipal. D) anagent.