Which of the following is a recognized advantage of an LLC?
A) Members are not personally liable for the LLC's debts and obligations.
B) State LLC statutes are not uniform.
C) A foreign LLC may not be treated the same as a domestic LLC.
D) In a member-managed LLC, all decisions are made by a majority, which often causes delay in decision making.
A
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Putting ethics into practice requires not simply decision making, but ________ decision making.
Fill in the blank(s) with the appropriate word(s).
Beatrice owns and operates a food truck in a large city. Competitors are many, and competition is fierce. Due to her small business's size, she cannot realistically influence her business environment. However, Beatrice can and does take steps to adapt to the environment, including
A. sponsoring local events to establish and maintain a positive brand image (public relations). B. slashing her food prices to force her competitors to do likewise city-wide (competitive aggression). C. hiring part-time help and maintaining extra inventory for peak periods (buffering). D. recruiting the mayor to participate on her business advisory board (cooptation). E. hiring a lobbyist to promote state legislation that is favorable to operation of food trucks (political action).
Marc works for F1 where his responsibilities include maintaining favorable relationships between the organization and its stakeholders. Marc is most likely employed in
A. sales. B. advertising. C. human resources. D. public relations. E. digital media marketing.
A Storage Area Network (SAN) is a network specifically designed to
allow specific servers the ability to share local storage devices with each other. Indicate whether the statement is true or false