Miracle Mobile Devices, Inc, is a private, for-profit corporation that (1) was formed for the purpose of manufactur-ing and distributing a newly pat-ented tablet, (2) is owned by five share-holders, (3) is subject to double taxation, and (4) has made no public offering of its shares. Miracle iss
a. an S corporation
b. a close corporation.
c. a nonprofit corporation.
d. a professional corporation.
b
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The McDonald's story in this chapter is presented to:
A) make students hungry. B) illustrate the importance of having consistent systems. C) stress the importance of low prices. D) emphasize potential value turnoff problems.
What is the objective in the final stage of the interview process?
A) To eliminate unqualified candidates B) To determine which candidate is the best fit C) To sell the candidate on the advantages of the organization D) To allow the candidate to meet people they will be working with E) To discuss salary and benefit requirements
The ________ environment consists of laws, government agencies, and pressure groups that influence or limit various organizations and individuals in a given society
A) socio-legal B) cultural C) political D) technological E) economic
Production coordination poses difficult problems in many regionalized organizations, which has led many companies to assign many specialized product managers who have line authority.
Answer the following statement true (T) or false (F)