The board of directors generally manages the day-to-day affairs of the company

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Teddy works at the local department store. Her boss, Charlie, had important information about the company who made the purses and how they were to be displayed in the store. Teddy was so excited about the new purses that she did not pay attention to what Charlie was explaining. This is an example of what perceptual distortion?

A. selective attention B. recency effect C. primary effect D. impression management

Business

Planned shopping centers are characterized by _____

a. central ownership or management and balanced tenancy b. a high concentration of office buildings and retail stores c. no adjacent retailers d. low rental costs

Business

When a private corporation decides to sell its shares to the public for the first time it is called

A) a prospectus B) an IPO (initial public offering) C) a share transfer D) share capital E) insider trading

Business

In the context of the U.S. economy, which of the following statements is true of small businesses?

A. They are less likely to develop revolutionary new ideas. B. They have a wider span of control than large businesses. C. They are often the last to contract when times are tough. D. They often display a refreshing lack of bureaucracy.

Business