Which of the following is a disadvantage of the corporate form of organization?
A. Both the corporation and its stockholders are taxed on profits retained and distributed.
B. Ownership of stock is easy to transfer.
C. More capital can be raised by the corporate form.
D. Corporations can hire better managers.
E. The organization survives its owners.
Answer: A
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By buying a franchise, the entrepreneur reduces the amount of money available for advertising.
Answer the following statement true (T) or false (F)
Evan was facing the most difficult project management challenge in his career. He would be heading up a team to design a complicated new software application. His team would be a "virtual" team. Thus, his team would
A. operate separately from the regular work structure. B. be physically dispersed and typically communicate electronically. C. not need resources. D. be transparent in terms of performance. E. coordinate and give direction to the subunits under their jurisdiction.
Public relations focuses on
A. boosting product sales. B. enhancing the image of the total organization. C. reaching the firm's target market. D. improving employee morale. E. diminishing the image of rival firms.
Zach works from 8 a.m. to 12 noon, and Billy works from 1 p.m. to 5 p.m. Both are working on the same tasks. This is an example of
A. job sharing. B. flextime. C. part-time work. D. telecommuting. E. self-managed work.