The limited liability company is the only form of organization that allows members to share liability. 

Answer the following statement true (T) or false (F)


False

Business

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One of the reasons that IBM almost failed and went bankrupt in the 1990’s was due to its outdated corporate culture of consensus-based decision making which while effective in the 1970’s, did not allow it to be competitive in the rapid decision making and entrepreneurial risk taking culture of the 1990s, 

Answer the following statement true (T) or false (F)

Business

Which types of quality costs are incurred to eliminate quality problems before they occur?

A) Appraisal (detection) costs B) Prevention costs C) External failure costs D) Internal failure costs

Business

Compare and contrast competitive orientation versus cooperative orientation for supplier relations

What will be an ideal response?

Business

________ is/are a short-term, generally unsecured. corporate IOUs issued by the "most credit-worthy" firms

A) Repurchase agreements B) Commercial paper C) Negotiable CDs D) Treasury bills

Business