What is the difference between a collaboration and a merger?
What will be an ideal response?
Collaboration is a longer, stronger relationship where separate organizations come together to create a common mission. Mergers are a lifetime commitment to join two organizations as one. One is a long-term relationship and the other is a life-time relationship.
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As dealt with by the Foreign Corrupt Practices Act, how does a “facilitating payment” differ from a “bribe”?
a. A bribe involves a monetary payment; a facilitating payment does not b. A facilitating payment does not try to compel someone to act against their own job description; a bribe does. c. Facilitating payments are targeted at government entities and employees; bribes are not. d. A facilitating payment incurs lower legal penalties than a bribe.
The Employee Retirement Income Security Act (ERISA) requires employers to establish pension plans for employees
a. True b. False Indicate whether the statement is true or false
Information conveyed by a conventional organization chart includes the
A. products manufactured by the organization. B. manner in which decisions are made in the organization. C. work performed by each unit in the organization. D. method in which the organization will interact with the external environment. E. geographical location of the organization.
________ means trying to increase sales of a firm's present products in its present markets.
A. Market development B. Market penetration C. Differentiation D. Product development E. Diversification