At Acme Global, the top manager reports to the board of directors. The board is not involved in the day-to-day operations of the organization, but it can hire or fire top management. This represents the influence of ______ in the external environment on the organization.

A. shareholders
B. society
C. technology
D. economics


A. shareholders

Business

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Negligent misrepresentation is:

A) an incorrect statement made with due care for its accuracy B) an incorrect statement made without due care for its accuracy C) a correct statement made with due care for its accuracy D) more difficult to prove than fraudulent misrepresentation E) not grounds to rescind a contract

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A sole proprietor owns the entire business but doe not receive all of the profit.

Answer the following statement true (T) or false (F)

Business

This is an exit strategy when an entrepreneur sells his or her company to its managers.

A. a merger B. a management buy-out C. a management takeover D. employee buy-out

Business

Hybrid rulemaking is more formal than procedures the agency uses in informal rulemaking

Indicate whether the statement is true or false

Business