All large firms maintain complete and detailed organization charts because it is important to maintain a clear line of authority.

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


False

Business

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Use the value chain as a framework to explain how the competitive advantage of differentiation can create products and/or services that are highly valued by customers.

What will be an ideal response?

Business

A blog, sometimes referred to as a web log, is a website at which one can maintain journals or logs, writing and updating entries at any time

Indicate whether the statement is true or false

Business

GreatGro, Inc, makes genetically modified seedswith properties that are iden-tical to Hearty Harvest Corporation's patented seeds, without Hearty Harvest's permission. This is most likely

a. copyright infringement. b. patent infringement. c. trademark infringement. d. not infringement.

Business

Mark and his brother, Rick, each own farms. Rick is experiencing severe financial difficulties and cannot afford to buy feed for his cattle. Mark purchases $2,000 of feed and gives Rick one-half of the feed. Mark tells Rick that there is no need to repay him and to consider the feed a gift. Which of the following statements is true?

A) Mark can deduct $2,000 for the feed. B) Mark can deduct $1,000 for the feed. C) Rick must report $1,000 as income. D) None of the above is true.

Business