_________, very common in international business, is the granting of permission to use a trademark, trade name, or copyright under specified conditions
A) Franchising.
B) Licensing.
C) Letters of credit.
D) Distribution.
A
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If you were to say the name and position of an expert you are quoting in your speech, you are providing a(n) ______ footnote or citation.
a. spoken b. oral c. verbal d. speech
Which of the following is most likely to be the reason companies design flexible capacity systems?
a. to downsize capacity quickly in case competent labor is not available to make full use of the designed capacity b. to expand an existing facility that has extra capacity instead of relocating to larger facilities elsewhere c. to accommodate government requirements d. to produce quality products
The post-closing trial balance shows the updated Retained Earnings balance
Indicate whether the statement is true or false
Bart inherited an interest in an open publicly traded corporation shortly after he graduated from high school. He has now graduated from college and would like to sell his ownership in order to purchase a house. Which of the following best describes the sale process?
A. Ease of transfer of ownership is one of the benefits of corporate ownership therefore he should have no difficulty selling his ownership interest. B. Difficulties associated with the transfer of ownership of corporate ownership are one of the disadvantages to forming a business as a corporation, therefore he will have difficulty selling his ownership interest. C. If the corporation is an S corporation he may have no difficulty selling his ownership interest in the corporation. D. Since this is a publicly traded corporation, he will have difficulty selling his stock.