A decision must involve at least two alternative courses of action.
Answer the following statement true (T) or false (F)
True
If there is only one alternative there is no decision to make.
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They agreed to admit Ramelow into the business for a one-third interest in the new partnership. Ramelow contributes $22,000 cash in exchange for the partnership interest. Assume that Floyd and Merriam shared profits and losses equally before the admission of Ramelow. Which of the following is the correct journal entry to record the above admission?
Floyd and Merriam start a partnership business on June 12, 2019. Their capital account balances as of December 31, 2020 stood as follows:
A full-service stockbroker is best distinguished from a discount broker on which of the following characteristics?
I. commissions II. research III. range of investment products offered IV. quality of order execution A) I only B) I, II C) I, II, III D) I, II, III, IV.
Alliances can be classified according to their strategic rationale. Which of the following are types of strategic rationale for alliances:
a. A sales alliance b. A solution-specific alliance c. A geographic alliance d. All of the above
Briefly describe the structure and functions of the board of directors in a large company.
What will be an ideal response?