When does a merger between companies typically occur?
A. when two firms of comparable size join to form a combined entity
B. when a target firm does not want to be acquired
C. when large, incumbent firms buy start-up companies
D. when two or more firms enter a temporary vertical strategic alliance
Answer: A
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Johnny thinks that changing an organization’s culture is like losing weight: It’s difficult and it can be done, but the effect is usually temporary. Is Johnny correct?
A. Yes, because once a culture is changed, it usually changes back. B. Yes, because once a culture starts to change, it is likely to continue to change. C. No, because changing an organization’s culture is impossible. D. No, because changing an organization's culture is easy. E. No, because once a culture is changed, the new norms tend to remain in place.
Unlike physical products, services cannot be seen, tasted, felt, heard, or smelled before they are bought. This characteristic of services is known as ________
A) inseparability B) intangibility C) variability D) perishability E) heterogeneity
Which of the following is a documentary symptom associated with revenue-related fraud?
a. Unusual delays by the entity in providing revenue-related, requested information. b. Weaknesses in the cutoff processes or other key accounting processes. c. Unsupported or unauthorized revenue-related balances or transactions. d. Unusual relationships between two revenue related accounts.
The legislative branch is permitted to authorize existing administrative agencies to enforce new statutes
Indicate whether the statement is true or false