Which term below is defined as external awards to employees?
a. Intrinsic rewards
b. Inherent rewards
c. Extraneous rewards
d. Extrinsic rewards
d. Extrinsic rewards
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________ includes all the activities involved in selling products or services directly to final consumers for their personal, nonbusiness use
A) Franchising B) Retailing C) Brokering D) Wholesaling E) Disintermediation
Under the UCC, an agreement modifying a contract needs no consid¬eration to be binding
Indicate whether the statement is true or false
Describe the silo mentality and how firms may suffer from it. Provide at least one example from the textbook or from an external reference of the silo mentality.
What will be an ideal response?
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers to form a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided. Harold and Zack are engaged in a A) partnership
B) close corporation. C) limited liability company. D) professional corporation.