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
d. All of the above
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An appliance manufacturer offers a $50 payment to salespeople who work at J&J Appliance Inc., a retailer, for each sale of the company's new line of refrigerators. This payment by J&J Appliance is known as
A. a spiff. B. pull money. C. a slotting fee. D. a bonus pack. E. a mnemonic.
Island Company has 1,000,000 shares of common stock authorized with a par value of $3 per share of which 600,000 shares are outstanding. Island authorized a stock dividend when the market value was $8 per share, entitling its stockholders to one additional share for each share held. The par value of the stock was not changed. Assuming the declaration is not recorded separately, what entry, if
any, should Island make to record distribution of the stock dividend? a. Retained Earnings........... 4,800,000 Common Stock.............. 1,800,000 Gain on Stock Dividends... 3,000,000 b. Retained Earnings........... 1,800,000 Common Stock.............. 1,800,000 c. Retained Earnings........... 4,800,000 Common Stock.............. 1,800,000 Paid-In Capital from Stock Dividends 3,000,000 d. Memorandum entry noting the number of additional shares issued as a dividend
________ is a belief that one worldwide approach to doing business is the key to both efficiency and effectiveness.
A. Worldwide indifference B. International complacency C. Globalization imperative D. Cross-cultural contentment
The duty of a firm to maximize profits for its owners or stockholders is referred to as ________.
A. social responsibility B. profit responsibility C. benefit marketing D. stakeholder responsibility E. value consciousness