When an agent pays for the right to have authority for a business, a(n) ______ is created
a. shared agency
b. agency with permission c. agency with rights
d. general agency
e. none of the other choices are correct
e
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The agreements that allow McDonald's franchisees around the globe to use McDonald's trademarked name and menu items represent, in essence, which form of market entry?
A) joint ventures B) franchising C) 100% ownership D) exporting E) acquisition
Profit margin is defined as:
A. Net sales divided by assets. B. Net income divided by assets. C. Revenues divided by net sales. D. Net income divided by net sales. E. Net sales divided by net income.
In ______ individualistic societies, the self is autonomous and people are generally equal.
A. vertical B. horizontal C. external D. collective
If a firm adheres strictly to the residual dividend policy, the issuance of new common stock would suggest that
A. the dividend payout ratio is increasing. B. no dividends were paid during the year. C. the dividend payout ratio is decreasing. D. the dollar amount of investments has decreased. E. the dividend payout ratio has remained constant.