An arrangement between two or more companies whereby they agree to ally themselves and work together to accomplish a designated objective is a(n) ________.

A. affinity group
B. strategic alliance
C. merger
D. collusion


Answer: B

Business

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The group thinks that Dawn is influential even though Dawn has no formal position of authority. Dawn can be described as ______.

A. an emergent leader B. a legitimate leader C. an assigned leader D. a coercive leader

Business

For-profit firms seek to achieve ____________ profits subject to ____________ constraints, although not-for-profit service suppliers seek to achieve ____________ profits subject to ____________ constraints

a. social; financial; financial; social b. social; financial; social; financial c. financial; transactional; social; regulatory d. financial; social; social; financial e. transactional; social; limited; transactional

Business

Which one of the following is true of the bank reconciliation?

A) It should not be prepared by an employee who handles cash transactions. B) It is prepared in place of the cash ledger. C) It is a financial statement. D) It guarantees that no errors have been made.

Business

Model Rule 1.6 is broader than Model Code DR 4-101 because 1.6 concerns the protection of ____________________, while DR 4-101 concerns the protection of client confidences.

Fill in the blank(s) with the appropriate word(s).

Business