Which of the following forms of business structure has the easiest means of transfer of ownership interests?
a. LLPs
b. C corporations
c. LLCs
d. Subchapter S corporations
C corportations
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Producers often shift some functions to intermediaries. Which of the following is the most significant benefit of doing this?
A) It increases customer loyalty. B) It provides the producer with greater control over operations. C) It reduces the amount of direct customer interaction. D) It lowers the producer's costs and prices. E) It ensures greater information security.
If a firm consolidates subsidiaries that are not wholly owned, an income statement item is created that is termed:
a. dividend income. b. minority share of earnings. c. equity income. d. extraordinary. e. gain from sale of subsidiary.
Which employee likely has the most direct influence on the guest’s perception of service quality and value?
a. the general manager b. the frontline employee c. the back-of-house employee d. the owner
Table 10-5 represents a solution for an integer programming problem. If this problem had been solved as a simple linear programming problem, what would you expect the value of the objective function to be?
A) less than 208 B) greater than 208 C) exactly 208 D) A or C E) B or C