Which of the following is an advantage of participative budgeting?

A) It fosters pseudoparticipation.
B) It encourages budgetary slack.
C) It tends to discourage goal congruence.
D) It fosters a sense of responsibility.
E) There are no advantages of participative budgeting.


D

Business

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China does not allow foreign car manufacturers to sell vehicles independently in its country but instead requires them to partner with a Chinese company. This type of partnership is known as a   

A. franchise agreement. B. countertrade. C. joint venture. D. maquiladora. E. greenfield venture.

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______________ is more than a means to receive compensation; it plays an important role in our lives, significantly impacting self-concept and well-being.

a. Volunteering b. Work c. Family d. none of the above

Business

________ is a pricing tactic a firm uses for two products that work only when used together. The firm sells one item at a very low price and then makes its profit on the second high-margin item

A) Two-part pricing B) Price bundling C) Captive pricing D) Penetration pricing E) Skim pricing

Business

Intangible assets differ from property, plant and equipment assets in that they lack physical substance

Indicate whether the statement is true or false

Business