In states where an LLC may be organized by only one member, ________ can obtain the benefit of the limited liability shield of an LLC.
A. corporations
B. sole proprietors
C. LLPs
D. general partnerships
Answer: B
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Countries, businesses, and people are becoming increasingly interdependent. To succeed on an international level, managers in all fields need a global mind-set. Write a short essay expounding on what it means to have a global mind-set and why it is necessary in today's business environment. Include your thoughts on two or three steps a manager can take that will help him develop a global mind-set.
What will be an ideal response?
The premium option in the multiple price tiers created for store brands offers
A. consumers a higher quality than national brands at a higher price. B. consumers a substantial saving without compromising on quality. C. a reduced risk of uncertain sales. D. consumers quality that is comparable to that of national brands. E. retailers a large number of alternatives for getting rid of excess inventory.
If a portfolio manager had to estimate the fair value of investments in timber, which of the following would he/she most likely identify as the level of inputs to determine this?
a. Level 1. b. Levels 1 and 2. c. Levels 2 or 3. d. All levels would be applicable.
Fabricators, Inc. wants to increase capacity by adding a new machine. The fixed costs for machine A are $90,000, and its variable cost is $15 per unit. The revenue is $21 per unit. What is the break-even point for machine A?
A) $90,000 dollars B) 90,000 units C) $15,000 dollars D) 15,000 units E) 4,286 units