A limited liability corporation: 

A. has unlimited liability.
B. is decreasing in popularity among venture capitalists.
C. is automatically taxed as a partnership.
D. had been the most popular choice of organization structure by new ventures and small businesses.


Answer: C

Business

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Among the national cultures noted in the textbook that value femininity, stress caring, nurturing, and sexual equality is which of the following?

A. Peru B. Iran C. the Netherlands D. Kuwait

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Serengeti makes lightweight sunglasses with 100 percent UV protection for people who love to hunt, hike, and bike ride

Its long-term plans include the development of lenses that, in addition to protecting users from UV rays, will also have effective water-sheeting action to reduce lens spotting. This new feature will be valuable to people who fish. In terms of a SWOT analysis, the company believes it can use the ________ of its reputation as a sunglasses manufacturer for a specialized market in combination with its current manufacturing facilities and labor force to enter this new market. A) weight B) strength C) threat D) opportunity E) trend

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Answer the following statements true (T) or false (F)

Finite uniformity should always be used in accounting for complex events.

Business

Which of the following reduces price competition?

a. Increasing the number of competitors. b. Increasing the number of substituting offers. c. Wider distribution of competitor and/or substitution offers. d. High switching costs for consumers. e. Increasing surplus capacity in the industry.

Business