To enter the European market, Starbucks joined in a cooperative venture with Bon Appetit Group A.G. in Switzerland. Bon Appetit has the recognized brand name, and Starbucks has the product and the expertise to run coffeehouses. This is an example of a(n) ________.

A. backward invention
B. franchise agreement
C. direct investment
D. expropriation agreement
E. strategic alliance


Answer: E

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A(n) scalar variable can hold only a single value.

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

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Which of the following is true of LLC (limited liability company) taxation?

A) An LLC is taxed as a corporation in all general cases. B) Income or losses of an LLC do not flow through to the members' individual income tax returns. C) Members of an LLC are subject to double taxation. D) An LLC is not taxed at the entity level.

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Fraud in the inducement will render an agreement void

a. True b. False Indicate whether the statement is true or false

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Which of the following statements about S.W.O.T. analysis is true?

A. It helps managers focus on a strategy that takes advantage of the firm's strengths and opportunities while avoiding its weaknesses and threats to its success. B. It is a useful aid for identifying relevant screening criteria and for zeroing in on a feasible strategy. C. S.W.O.T. is simply an abbreviation for the first letters of the words: strengths, weaknesses, opportunities, and threats. D. It identifies and lists the firm's strengths and weaknesses and its opportunities and threats. E. All of these statements about S.W.O.T. analysis are true.

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