The advantages of the U-Form of firm organization is
a. workers develop a high degree of functional expertise
b. information can be easily shared between similarly trained employees within units
c. evaluating employees is easier because managers typically are similarly trained
d. all of the above
d
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Which of the following identifies correct reasons for the sustained growth in the Western world post 19th century?
A) Demographic transition and the American civil war B) The American civil war and the Industrial Revolution C) The Agricultural Revolution and the Industrial Revolution D) Demographic transition and the Industrial Revolution
Explain what is meant by investment by MNCs encouraging inappropriate consumption
What will be an ideal response?
An asset's fundamental value equals
A) its face value. B) its maturity value. C) the market's best guess of the present value of the asset's expected future returns. D) the weighted sum of its market price over the recent past.
A legal organization of a firm where the business is owned by one individual who makes the business decisions, receives all the profits, and is legally responsible for the debts of the firm is a(n)
A) corporation. B) entrepreneur. C) proprietorship. D) partnership.