How the people are selected, trained, and managed determines to a large extent how ________ an organization will be.
A. profitable
B. stable
C. successful
D. innovative
Answer: C
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Which of the following statements is TRUE of a corporation?
A) Shareholders can be required to pay debts of the corporation. B) Shares of stock cannot be readily purchased and sold by investors on an organized stock exchange. C) Shareholders are authorized to sign contracts or make business commitments on behalf of the corporation. D) Corporations pay income tax on corporate earnings, and shareholders pay income tax on the dividends received.
Which of the following could contain the term "no-arrival, no-sale" in their contract?
A) shipment contract B) destination contract C) a contract to sell real estate D) consignment contract
All of the following are examples of tort reform proposals EXCEPT
A) modifying the collateral source rule. B) eliminating caps on noneconomic damages. C) regulation of attorney fees. D) imposing penalties to deter frivolous lawsuits.
Which of the following is true of stakeholders?
A) They are the owners of a firm. B) They are groups to whom a firm has financial obligations. C) They are groups having a direct economic link to a firm. D) They include only the bondholders, common stockholders, and preferred stockholders.