A limited partnership is similar to a corporation in that both
a. can be dissolved by agreement among the owners.
b. partners and stockholders can participate in management.
c. provide protection from personal liability for business debts.
d. were permitted at common law.
C
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Which statement is true regarding ethical behavior?
A. Many decisions include some sort of ethical choice. B. Managers seldom encounter ethical dilemmas. C. Managers encounter ethical dilemmas but employees do not. D. Employees often encounter ethical dilemmas but managers always know the right
As part of the budgeting process, managers evaluate operational, tactical, value chain, and capacity issues
Indicate whether the statement is true or false
The _____ Act strengthened the Clayton Act to prevent corporate acquisitions that reduce competition.
A. Hart-Scott-Rodino B. Lanham-Scott C. Celler-Kefauver Antimerger D. Robinson-Patman E. Sherman
When formal planning fails to lead to higher performance, which of the following is most likely to be the reason for the failure?
A. A participative style of planning was used. B. Managers were allowed too much autonomy. C. The company emphasized the control function over other functions. D. Constraints of the external environment.