Provide a real-world example of a national brand and a private-label brand.
What will be an ideal response?
Answers will vary, but the national brand should be a manufacturer brand like Levi Strauss or Porsche, and the private-label brand should be a retailer's brand like Kirkland (Costco) or Archer Farms (Target).
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In which of the following cases will the agency problem between shareholders and managers be the
greatest? A) The Johnson family owns 50% of the common stock of the company. The other 50% is owned by 5 mutual funds. B) 100% of the common stock is owned by the founder of the company who decided to retire and hired a manager to run his business for him. C) The common stock of the company is owned by many diverse shareholders, with no shareholder owning more than 1% of the outstanding stock. D) All top managers in the company own significant amounts of stock and stock options.
A place of employment where all employees are represented by a union and most employees are union members, but non-union workers must pay fees to the union, is called:
a. an agency shop b. a union shop c. a closed shop d. a yellow-dog shop e. none of the other choices
According to the text, intellectual capital is the difference between the market value and the book value of a firm. Intellectual capital can be increased by
A. increasing retention of below average workers. B. increasing the turnover of employees. C. attracting and retaining knowledgeable workers. D. decreasing labor costs.
The most important of the four parts of the body that will influence the audience most during your presentation is your
A) voice. B) body language. C) eyes. D) appearance.