Both relationship commitment and trust are necessary for a strategic alliance to succeed in the long run
Indicate whether the statement is true or false
a. True
b. False
ANSWER: True
For a strategic alliance to succeed in the long run, it must be built on commitment and trust. Relationship commitment is a firm's belief that an ongoing relationship with another firm is so important that it warrants maximum efforts at maintaining it indefinitely. Trust is the condition that exists when one party has confidence in an exchange partner's reliability and integrity.
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Rob’s team has to arrive at a decision about the upcoming national employee meeting. They have decided to take all suggestions from team members, regardless of the large number of ideas they may generate and to give every one of them consideration, Rob’s team has decided to use what technique?
A. round-robin B. majority wins C. “spit-in-the-ocean” D. brainstorming
Res ipsa loquitur is a tort in which the violation of a statute or an ordinance constitutes the breach of the duty of care.
Answer the following statement true (T) or false (F)
Regarding the intranet, which of the following is NOT true?
A) It has overtaken print communications in many organizations. B) It can be used to create links to employee social media sites. C) It guarantees that all employees will use it for communication. D) Its greatest use is to monitor employees' online activities.
In preparing the statement of cash flows for Year 5, internal records indicate that depreciation on manufacturing facilities totaled $500 and on selling and administrative facilities totaled $300 during the year. The firm included these amounts in cost of goods sold and selling and administrative expenses, respectively, in the income statement for Year 5 . None of this $800 of depreciation
required an operating cash flow during Year 5 . The firm reported cash expenditures for these assets as investing activities in the earlier periods when it acquired them. The T-account work sheet entry to explain the change in the Accumulated Depreciation account. a. adds back depreciation to net income in deriving cash flow from operations. b. subtracts depreciation from net income in deriving cash flow from operations. c. adds back depreciation on the selling and administrative facilities, only, to net income in deriving cash flow from operations. d. subtracts depreciation on the selling and administrative facilities, only, from net income in deriving cash flow from operations. e. none of the above