Which of the following is true of a cartel?
A. It is a contract for the licensing of industrial property rights to two or more licensees.
B. It is a combination of independent business firms organized to regulate the production, pricing, and marketing of goods by its members.
C. It is a provision according to which an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged.
D. It is a license that restricts who may compete with the licensee.
B
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A compensating balance used to secure a short term loan should be recorded against its short term borrowing in current assets separate from cash
Indicate whether the statement is true or false
When employees protest working conditions by following the employer's rules "to the letter", they are said to be engaged in a:
A. Boycott B. Corporate campaign C. Work to rule campaign D. Letter campaign
Quality planning and work performance information are outputs of the quality assurance process
Indicate whether the statement is true or false
The concept that no member of an organization should report to more than one superior is known as ______________________________.
Fill in the blank(s) with the appropriate word(s).