China Bank is a foreign entity¾a firm owned and operated by investors in a foreign country. With respect to a limited liability company in the United States, China Bank can
A. act as a creditor, but cannot otherwise invest or participate.
B. become a member.
C. not become a member, but can participate in its operations.
D. not become a member or otherwise participate in its operations.
Answer: B
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Amity Inc. is a firm which collects and processes household data and sells it to other firms which produce consumer durables. Amity is an example of a ________ research firm
A) custom marketing B) specialty-line marketing C) syndicated-service D) generic marketing E) focused marketing
As the communication barrier known as bypassing reveals, meanings are in people rather than in words
Indicate whether the statement is true or false
Which of the following is the best example of the proximity rule that, for service firms, proximity to market is the most important location factor?
A) Soft drinks are bottled in many local plants, where carbonated water is added to proprietary syrups that may have been shipped long distances. B) Few people will travel out of state for a routine haircut. C) Patients will travel very long distances to have their hernia surgeries performed at Shouldice Hospital. D) Furniture makers choose to locate near the source of good hardwoods, even though it means locating near other furniture manufacturers. E) Metal refiners (smelters) locate near mines to accomplish significant weight reduction near the metal's source.
You work for a school district as a facilities coordinator. You drive to the various schools in the district and supervise construction and remodeling and assess various building needs. When you are traveling around to the various schools, you use a district vehicle that is clearly marked as such. One day you stop at the country club and have lunch before heading to the next school since the
country club is on the way. You also stop at the bank drive-thru teller to do some personal banking business. Both the lunch and the bank stop are ethical breaches. Indicate whether the statement is true or false