Types of power include all of the following except:
a. coercive power.
b. possessive power.
c. expert power.
d. referent power.
b
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Investing transactions that do not directly and immediately affect cash are:
A. reported separately in the retained earnings statement. B. reported separately in the cash flow statement. C. included on a supplemental schedule to the cash flow statement. D. included in the cash flow statement.
Dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require separate products or marketing programs is known as market diversification
Indicate whether the statement is true or false
How do ethical experts differ from ethical novices?
What will be an ideal response?
Identify each of the following corporations by type
a. Dr. Smith and Dr. Jones are both medical doctors who practice together. They incorporate their medical practice so that they can offer themselves and their employees better employment benefits. b. A group of concerned citizens obtains a corporate charter from the state to form a local Water Planning and Management Corporation that is authorized to do water planning on a local level and to grant permits for such purposes as the installation of ditches, and the encouragement of good water usage practices in their jurisdictional area. c. Agatha and Betty, who are sisters, form a corporation in which they are the sole shareholders. They plan to operate a large retail store that sells collectibles. Agatha is the president and Betty is the chairperson of the board of directors. d. Bill and Carl form a corporation to prevent spouse and child abuse. The corporation operates a shelter for battered women and homeless children. e. Zeron Corporation is incorporated in the state of West Virginia. It decides to expand its business to Kentucky. What type of corporation is it in West Virginia? What type of corporation is it in Kentucky?