A(n) _____, a type of divestiture, occurs when a company issues stock in one of its own divisions or operating units and sets it up as a separate company—complete with its own board of directors and corporate officers.
A. spin-off
B. stub
C. away swing
D. bowl-out
Answer: A
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John is the owner of a chain of restaurants in Texas. When tilers from Johnson Tiles were laying tiles in one of the restaurants' newly refurbished restrooms, John calmly tells the salesperson of Johnson Tiles, "We need to renegotiate the price of these tiles. I have learned that you charge a 50 percent markup, and as a small-business owner, I find that unacceptable." Which of the following win-lose strategies is most likely being used by John in this scenario?
A. Ambush negotiating B. Browbeating C. Limited authority D. Red herring E. Lowballing
Researchers have found that high-performance teams have norms for team interaction. Which of the following is NOT one of those norms?
A. There is no tolerance for bulling a way through a problem or issue B. When a decision has to be made, everyone should agree before moving forward C. Hard work does not get in the way of having fun D. No information is shared outside the team unless all agree to it E. It is acceptable to be in trouble, but not to surprise others
The FASB recommends that assets and liabilities with differing liquidities be arranged as separate items in the balance sheet
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The use of hedging to manage the cost of aviation fuel is an example of trend analysis. 2. In Porter's model for industry analysis, there are three primary competitive forces in a firm's environment. 3. Kraft Macaroni & Cheese is now challenged by new competitors such as Annie's and other store brands, which Porter's model for industry analysis calls the threat of new entrants. 4. In a cost-leadership strategy, an organization targets a wide market and offers products or services of unique and superior value compared to competitors.