Which term below is defined as the unofficial line of communication between individuals or groups?
a. Rumor string
b. Gossip chain
c. Cluster chain
d. Grapevine
d. Grapevine
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Which one of the following is an operating activity of a business?
a. Paying for purchases of inventory b. Issuing stock for cash c. Borrowing money from a bank d. Purchasing a manufacturing plant
Pail, Inc. holds 100 percent of the common stock of Shovel Company, an investment acquired for $680,000. Immediately following the combination, Pail's net assets have a book value of $1,150,000 and a fair value of $1,390,000. The book value and the fair value of Shovel's net assets on the date of combination are $400,000 and $550,000, respectively. Immediately following the combination, a consolidated balance sheet is prepared.Based on the information given above, at what amount will Pail's investment in Shovel stock be reported in the consolidated balance sheet?
A. $0 B. $440,000 C. $400,000 D. $480,000
Cultural differences between countries may make performance evaluation in multinational settings more difficult
Indicate whether the statement is true or false
In 2012, the four major retailers of online music include the iTunes, Spotify, Amazon, and Google Music. In terms of the form of competition, this industry is an example of a(n) ________.
A. mega monopoly B. pure competition C. monopoly D. oligopoly E. monopolistic competition