A panel of persons who are elected by the shareholders that make policy decisions concerning the operation of a corporation is known as the ________

A) legal aides
B) cartel
C) consortium
D) board of directors


D

Business

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In addition to the five forces model of industry competition, Michael Porter has developed a framework of so-called generic business strategies. Explain these generic strategies, describing their aims and application

What will be an ideal response?

Business

______ is the amount a business earns over and above what it spends for salaries and other expenses

A. Profit B. Revenue C. Interest D. Dividends

Business

According to the Keynesian concept of efficiency, an efficient tax should be neutral in its effect on free market allocations of economic resources.

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

Business

How many decision variables are in this problem?

A) 8 B) 9 C) 10 D) 12

Business