Formal and informal institutions combine to govern firm behavior.

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


True

While formal and informal institutions combine to govern firm behavior, informal constraints play a largerrole in reducing uncertainty and providing constancy for managers and firms in situations where formal constraints are unclear or fail. See 2-3: An Institution-Based View of Global BusinessAn Institution-Based View of Global Business

Business

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Cage Company had income of $400 million and average total assets of $2130 million. Its return on assets (ROA) is:

A. 18.8%. B. 5.3%. C. 3.8%. D. 38.0%. E. 1.9%.

Business

In a lawsuit for malicious prosecution, the original defendant sues the original plaintiff.

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

Business

Joint costs occur before the split-off point in a production process

Indicate whether the statement is true or false

Business

The ____ handler should always be the last handler listed in the EXCEPTION section of a block.

A. TOO_MANY_ROWS B. NO_DATA_FOUND C. EXIT WHEN D. WHEN OTHERS

Business