What involves giving a small team or group within a company the resources to develop new ideas and new ventures without leaving the parent organization?
A. Subsidiaries
B. Strategic alliances
C. Joint ventures
D. Intrapreneurships
Answer: D
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An account linked with another account that has an opposite normal balance and is subtracted from the balance of the related account is a(n):
A. Contra account. B. Intangible asset. C. Accrued expense. D. Adjunct account. E. Accrued revenue.
The Consumer Electronics Show is an example of a(n)
A. industry convention. B. vendor conference. C. consumer meeting. D. product demonstration. E. trade show.
Which organizational structure is one of the most commonly used designs and is generally appropriate in low uncertainty environments?
a. Functional b. Product c. Divisional d. Hybrid
Exclusions are used in insurance policies for all of the following reasons EXCEPT
A) to reduce moral hazard. B) to waive policy conditions. C) to eliminate coverage for uninsurable perils. D) to eliminate coverage not needed by typical insureds.