Limited liability is an advantage of the sole proprietorship
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: UNLIMITED liability is a DISADVANTAGE of the sole proprietorship.
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Claire and her mother are both in marketing positions. Claire's job is satisfying to her primarily because it gives her a flexible schedule and pays well so she can take vacations with her friends. Her mother chose a job that provides health benefits and structured work with regular hours. This demonstrates shifts in ________ that can influence work life versus family life.
A. information power from marketer to customer B. competitive influences C. generational values and preferences D. buying power from customer to marketer E. product glut and customer shortage
________ is the user testing of a completed information system using real data in the real user environment
A) Testing harness B) Beta testing C) Alpha testing D) Acceptance testing
Vertical integration strategies _________.
A) extend a company's competitive and operating scope because its operations extend across more parts of the total industry value chain. B) are one of the best strategic options for helping companies win the race for global market leadership. C) are a cost-effective means of expanding a company's lineup of products and services. D) are particularly effective in boosting a company's ability to expand into additional geographic markets, particularly the markets of foreign countries. E) are a good strategy option for improving a company's supply chain management capabilities, pursuing efforts to remodel a company's value chain, achieving direct control over the costs of performing value chain activities, and gaining access to buyers.
A person in the encourager role will:
a. Evaluate the quality of group processes b. Mediate conflict through reconciliation or humor c. Encourage all group members to participate d. Serve as a passive audience e. Foster group solidarity by accepting and praising various points of view