Answer the following statements true (T) or false (F)
1. The evaluations in management by objectives should be annually.
2. With a stability strategy, the company attempts to hold and maintain its present size or to grow slowly.
3. Diversification occurs when a corporation goes into related or unrelated lines of products.
4. Ernesto’s family business has been manufacturing shoes for three generations. In the past, the shoes have been sold to retailers around the world, but recently, Ernesto opened three retail stores to sell the shoes directly to customers. This is an example of backward integration.
1. False
2. True
3. True
4. False
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According to the text, Canadian firms around the world were targets of animal rights groups who did not approve of seal hunting in Newfoundland.
Answer the following statement true (T) or false (F)
Which statement is accurate regarding impromptu speaking?
a. Outlining is not relevant to impromptu speaking. b. Impromptu speeches should be brief. c. Impromptu presentations cannot be anticipated. d. Impromptu speeches should have three to five main points.
Which of the following statements was not made in ARB 43?
a. Income taxes are an expense that should be allocated as other expenses are allocated. b. Income taxes should be allocated to income and other accounts as other expenses are allocated. c. The income statement should reflect tax expense properly allocable to the income included in the income statement for the year. d. Tax expense should equal the amount of tax payable based on taxable income for the year.
Proxy solicitation for shareholder votes cannot be made by electronic transmission
Indicate whether the statement is true or false