What is the major advantage corporations have over other business entities?
A) It is easier for a corporation to raise capital than other forms of businesses.
B) A corporation is treated as a separate legal entity for tax and legal purposes.
C) A corporation's shares can be freely traded among its shareholders.
D) All of the above are advantages that a corporation has over other business forms.
Answer: D
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Syeda bought a thermos bottle from Pentagon Corp. When using it for the first time, she poured coffee into it and was adding some warm milk when it exploded, sending shards of glass into her face and injuring her right eye. Syeda testified that she had not dropped the thermos and had not abused it. She sued Pentagon, claiming, among other things, breach of warranty of merchantability. Under the Uniform Commercial Code, was the warranty of merchantability breached?
What will be an ideal response?
The following are examples of how organizational culture exerts behavioural control, except
A. culture generates unwritten standards of acceptable behaviour. B. culture encourages individual identification with the organization and its objectives. C. culture sets explicit boundaries. D. culture helps maintain control by creating behavioural norms.
The value chain activity of "infrastructure" involves designing unique manufacturing processes
Indicate whether the statement is true or false
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a. jidoka b. heijunka c. kaizen d. poke yoke