Advantages of the virtual corporation concept include that it allows a company to build competence from the ground up and to increase management's control over the corporation's activities.
Answer the following statement true (T) or false (F)
False
The virtual corporation concept has several potential benefits. In particular, it permits greater flexibility than other corporate structures. Rather than building competence from the ground up and incurring high startup costs that could limit future production decisions, virtual corporations form a network of dynamic relationships that allows them to take advantage of the competencies of other organizations to respond rapidly to changing circumstances.
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The Johnson company has a current ratio of 1.45 . The company has just sold $600,000 worth of merchandise on credit. What will the current ratio be after the sales on credit?
a. greater than 1.45 b. 1.45 c. less than 1.45 d. unable to determine without more information
In today's fast-paced, competitive business world, employers are not interested in the ethical behavior of their employees
Indicate whether the statement is true or false
Self-confidence is exhibited by:
a. a positive outlook on life. b. a satisfaction with life in general. c. a pleasant demeanor. d. All of the answers are correct.
________ decisions are the most structured and have very little need for collaboration
A) Operational B) Tactical C) Managerial D) Strategic