It is possible to limit the liability faced by some of the partners in a business by establishing a(n) _____.
A. limited liability partnership (LLP)
B. general partnership
C. sole proprietorship
D. concentrated partnership
E. limited accumulation partnership
Answer: A
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The producer-retailer-consumer channel is ________
A) the most efficient channel B) also referred to as a triple channel C) the shortest indirect channel D) the shortest direct channel E) a rarely used channel form
An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.
A. focused cost leadership B. focused differentiation C. broad differentiation D. industry-wide cost leadership E. industry-wide differentiation
To protect computer systems from email viruses and hoaxes,
a. open attachments and then command your computer to scan them for virus activity. b. forward questionable messages to the email administrator. c. forward all warning about viruses to those in your address book just in case they are real. d. keep in mine that email attachments with an ".exe" extension are usually safe to open.
In computing an expected value (EV), the weights are
a. decision alternative probabilities. b. the payoffs. c. expected outcomes. d. the state-of-nature probabilities.