Which of the following routes is a multinational company (MNC) likely to choose in order to quickly expand resources or construct high-profit products in a new market?
A. Licensing agreements
B. Basic export and import operations
C. Franchising
D. Mergers and acquisitions
Answer: D
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House's revision of his theory puts more emphasis on the need for leaders to foster
A. concrete rewards. B. intrinsic motivation through empowerment. C. achievement. D. an external locus of control. E. personal growth in management knowledge.
Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to afford to keep it up. Then Mark wins the three million-dollar lottery! Joe reads this in the newspaper and that afternoon makes a contract with Sharon to sell the estate. Is the contract valid?
A) No, the agency terminated because of the change in conditions. B) No, the agent has no right to sell without consent. C) Yes, Mark would have to notify Joe if he wanted to stop the sale. D) Yes, Joe had apparent authority to sell.
A steel manufacturing company is going through a financial crisis because of which it is unable to pay its employees and suppliers their dues. The management of the company sells some of the fixed assets of the company to cover these expenses. In the context of the statement of cash flows, the company gets the required capital by engaging in _____.
A. investing activities B. financing activities C. operating activities D. budgeting activities
Who creates the union's duty of fair representation?