Ingrid has asked 110 of her closest friends to invest in her company, promising them protection from personal liability. Which of the following forms of ownership would you recommend that Ingrid use?
A. Professional corporation
B. Nonprofit corporation
C. S corporation
D. Limited liability company
Answer: D
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During Lewin's refreezing stage, managers should
A. make employees dissatisfied with the present way of doing things. B. give employees the tools for change. C. provide benchmarking results. D. encourage and reinforce the desired change in the employees. E. reduce the barriers to change.
What is the role of top management in a participative budgeting system?
A. Top management must always tighten employee-set budget standards to eliminate employees' attempts to build slack into the standards. B. Top management must ensure that employee-generated objectives are consistent with those of the company. C. Top management has no role - the budget is entirely developed by the lower-level employees. D. All of the answers are correct.
Strategic plans promote consistency of action among the firm's managers worldwide and encourage them to consider the ramifications of their actions in the firm's other geographic and functional areas.
Answer the following statement true (T) or false (F)
For the marketing manager, pricing is merely an economic break-even point or a cost-plus accounting calculation.
Answer the following statement true (T) or false (F)