Organizational structure can be a strategic asset if it
A) adds value.
B) adds value and can be duplicated.
C) adds value and cannot be duplicated.
D) can be franchised.
C
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What is the future value of $100 in 2 years that earns an annual interest rate of 5 percent?
A) $110.41 B) $102.25 C) $110.25 D) $105.50
Household production is more likely to occur when
a. it requires many specialized resources b. technology makes it easier than market production c. tax avoidance is undesirable d. less control over the final product is desirable e. the opportunity cost of household production is high
An organizational form that is structured around basic business functions is called
A) M-form. B) U-form. C) a matrix. D) a network.
According to Say's law,
A) if there is demand for a good, someone will supply it. B) production creates demand sufficient to purchase all goods and services produced. C) supply and demand work together to determine price. D) trading takes longer in a barter economy than in a money economy. E) none of the above