Alfred Chandler, the noted business historian, indicated that "the administrative load of the senior executives increased to such an extent that they were unable to handle their entrepreneurial responsibilities efficiently." He was speaking of the
A. Uform of business organization.
B. matrix form of business organization.
C. Mform of business organization.
D. mixed design.
Answer: A
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The Laffer curve shows that as tax rates increase
A) initially tax revenues increase, then decrease. B) tax revenues decrease as the incidence of cheating on tax returns increases. C) tax revenues increase as more individuals and businesses have to pay taxes. D) tax revenues remain unchanged.
Foreign investors may wish to purchase U.S. assets for all of the following reasons except one. Which is the exception?
a. The rate of return on assets is higher in the United States than in other countries. b. They may wish to diversify their portfolios. c. The United States may be regarded as a relatively safer place in which to invest. d. Governments of most other industrialized countries actively discourage foreign investment. e. With their increased foreign debt burdens, investment in developing countries has become less attractive.
Speculators serve no useful function in a market
a. True b. False Indicate whether the statement is true or false
A firm's value added can be measured as the value of its:
A. profits. B. purchases of inputs from other firms. C. total sales. D. total sales, less purchases from other firms.