At least 40 percent of the directors of investment companies must be outside directors with no business relationship with the company

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following statements is true about stars in the portfolio matrix?

a. They have low growth potential and small market shares. b. They require minimal funding. c. They have low market shares in high-growth industries. d. They are fast growing market leaders.

Business

The UCC statute of frauds requires that the writing include all agreed-upon terms

a. True b. False Indicate whether the statement is true or false

Business

Is there a growing need for strategic management among multinational corporations? If so, why?

What will be an ideal response?

Business

XYZ Corporation borrowed $100,000 for six months from the bank. The rate is prime plus 2 percent. The prime rate was 8.5 percent at the beginning of the loan and changed to 9 percent after two months. This was the only change

How much interest must XYZ corporation pay? A) $2,476 B) $5,417 C) $18,212 D) $21,500

Business