Which of the following is an important element of corporate culture?
A. Effective communication
B. Corporate takeovers to decrease the wealth of shareholders
C. Dress code and political correctness in the workplace
D. Proper coordination among employees
Answer: A
You might also like to view...
Explain how we "read" the three scatter diagrams in Figs. A1.3 and A1.4
What will be an ideal response?
In the United States, corporate profits are taxed at the corporate level and then are taxed again as personal income in the form of dividend payments
Indicate whether the statement is true or false
As the price of a resource (e.g., labor) decreases,
a. demand for that resource increases b. the quantity demanded of that resource decreases c. the supply of that resource increases d. producers are more willing and able to hire that resource e. producers are less willing and able to hire that resource
Which of the following accurately describes a major difference between a monopolist and firms in perfectly competitive markets?
a. The monopolist maximizes profit; firms in perfectly competitive markets maximize sales b. The monopolist may earn long-run economic profit; firms in perfectly competitive markets cannot. c. The monopolist is a price taker; firms in other markets are price searchers. d. The monopolist may earn short-run profit; firms in perfectly competitive markets cannot.