Business firms have several reasons for preferring to operate as a group of legally separate corporations, rather than as a single entity. From the standpoint of the parent company, the more important reasons for maintaining legally separate subsidiary companies include which of the following?
a. To reduce the parent's legal or operational risk.
b. To reduce the costs of dealing with jurisdiction-specific differences in corporate laws and tax rules.
c. To expand or diversify.
d. To reduce the costs of divesting assets.
e. all of the above
E
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Marketing channels exist to create utility for customers. The major categories of channel utility include all of the following except:
A) place utility. B) price utility. C) information utility. D) form utility. E) time utility.
What are at least four important internal control procedures?
When getting bad news from people of other cultures, how can you be sure of the message?
A) Listen carefully to what is said, and what is not said B) Ask them to put the response in writing C) Repeat their responses back to them D) Ask for direct, specific responses E) Assume the news is good unless there is a clear indication otherwise.
Fulfill your responsibility to keep the meeting on track, moving toward the _________________
a. next meeting b. achievement of the purpose c. quick conclusion d. opportunity for questions