Strategic business units (SBUs) are individual units representing different areas of business within a firm that have their own missions, business objectives, resources, managers, and competitors
Indicate whether the statement is true or false
TRUE
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__________ allows employees to see for themselves the financial condition of the company and encourages them to think and act like business owners.
Fill in the blank(s) with the appropriate word(s).
Theory Y managers believe
a. employees are not motivated. b. employees are underutilized. c. employees need to be directed. d. employees do not seek responsibility, but accept it.
How do bribes differ from business gratuities?
a. In a bribe, the exchange is preceded by an articulation of a quid pro quo arrangement. b. In a bribe, the object of value unduly influences a business decision. c. In a bribe, the object of value has a high monetary value. d. In a bribe, the object of value is material, not a hospitality.
To which of the following does the term "battle of the forms" refer?
a. The situation in which one of the parties wishes to use a preprinted form, but the other party wishes to engage in direct negotiation. b. The situation in which the parties entered into a formal contract, but the contract has been misplaced by both parties resulting in uncertainty regarding the exact terms of the original contract. c. The situation in which parties have neglected to bargain over items and then exchange standard printed forms resulting in confusion regarding the terms of the contract. d. The situation in which a party wishes to claim unconscionability based upon another party's use of a preprinted form.