What are the likely points of tension between states and corporations in the globalization process?
What will be an ideal response?
A satisfactory answer would acknowledge that the interest of corporations in profit-maximization and the interests of states in tax-bases for their citizens do not always coincide. A better answer would identify and develop analysis of some specific points of tension, such as the socialization of business infrastructure costs by the state, the extension of the market to previously state spheres of organizational activity, and the question of business/state linkages around notions such as the military-industrial complex. An outstanding answer would recognize that the relation between states and organizations is dialectical and that while states can set the rule framework corporate organizations can and do shape it in their interests. The crucial insight would be that the state is not a neutral liberal entity.
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Which of the following would be an example of a cash inflow from financing activities?
a. interest paid on loans; b. the sale of equipment; c. the sale of investments in equity securities; d. the issue of bonds for cash; e. dividends received
Assume that a company received $1,200 in advance for one year membership fee in the fitness center. The entry that would be made to record the recognition of revenue at the end of first month is:
a. Revenue 1,200 Cash 1,200 b. Cash 100 Revenue 100 c. Unearned revenue 100 Revenue 100 d. Revenue 100 Unearned revenue 100
A retailer requires a merchandise management organization in which sales personnel are closely supervised. An appropriate organization focuses on _____
a. merchandising b. separate buying and selling functions and staff c. a centralized buying organization d. a decentralized buying organization
Today's workers attend more meetings than ever
Indicate whether the statement is true or false