The Statutory Close Corporation Supplement has relaxed most of the nonessential corporate formalities
a. True
b. False
Indicate whether the statement is true or false
True
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A trial balance may be prepared at any point in time
Indicate whether the statement is true or false
If McNeil Consumer Healthcare uses the same brand name for different products such as Tylenol Cold and Flu and Tylenol P.M. based on behavioral learning theory, this strategy is an example of
A. selective retention. B. routine problem solving. C. stimulus discrimination. D. selective comprehension. E. stimulus generalization.
Which statement about the management plan is INcorrect?
a. Potential investors are generally more interested in the financial plan than the management plan. b. Some needs for management talent can be met through a board of directors or an advisory board. c. The plan should identify necessary managerial skills and how managerial activi-ties will be organized into positions. d. When you create a business plan, the complete management team may be un-known. e. It should open with a restatement of key management roles and requirements.
________ is the right to make decisions without approval by a higher manager and to extract obedience from other people.
A. Span of control B. Division of labor C. Authority D. Specialization