The Airtours v. Commissioner of European Communities case involved the question of whether a merger between two members of the oligopoly in the short haul segment of the airline industry would create a "collective dominant" business firm

Indicate whether the statement is true or false


True

Business

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A recent study by Bain shows examined decision-making effectiveness and team size. Which of the following summarizes their conclusions?

A. Decision-making effectiveness is reduced in teams with more than seven people. B. Decision-making effectiveness is increased in teams with more than seven people. C. Decision-making effectiveness is reduced in teams with less than three people. D. Decision-making effectiveness is increased in teams with less than three people.

Business

Use the following information to answer the question below. The following transactions involving Cactus Wren Corporation occurred during the year: Apr. 1 Purchased 2,000 shares of its own preferred stock for $20, the current market price. This is the first transaction involving its own stock engaged in by the company. May 3 Sold 400 of the shares purchased on April 1 for $25 per share. June 5

Retired 600 of the shares purchased on April 1. The original issue price was $10. The par value of the stock is $5. The entry to record the April 1 transaction is : A) Cash 40,000 Treasury Stock, Preferred 40,000 B) Retained Earnings 40,000 Cash 40,000 C) Paid-in Capital, Preferred 40,000 Treasury Stock, Preferred 40,000 D) Treasury Stock, Preferred 40,000 Cash 40,000

Business

A(n) ________ is established when one party licenses another party to use the first party's trade name, trademarks, commercial symbols, patents, copyrights, and other property in the distribution and selling of goods and services

A) proprietorship B) franchise C) implicit contract D) general partnership

Business

In the context of employee training, identify an issue that is examined at a micro level.

A. What is the degree of cooperation among the training providers? B. Are there incentives for providing training? C. How should the delivery of training programs be structured? D. Who should receive training?

Business