Brent and Char are limited partners in Dental Center, a limited partnership. In terms of the firm’s books and information regarding partnership business, Brent and Char are entitled to
A. access in proportion to their participation in management of the firm.
B. access to the parts that directly relate to their capital contributions.
C. no access.
D. complete access.
Answer: D
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The most popular way of empowering employees is by
A. paying bonuses to all employees regardless of contribution. B. designing work so that it is performed by teams. C. providing employees with simple, repetitive jobs. D. adopting a centralized decision-making approach. E. narrowing the scope of jobs.
Answer the following statements true (T) or false (F)
1.Feedback is information provided by the receiver that verifies that a message was transmitted successfully. 2.Paraphrasing is the process of restating a message back to the original sender in the receiver’s own words. 3.Job satisfaction questionnaires should always be anonymous to get employees to tell the truth. 4.The National Labor Relations Act of 1935 (NLRA—Wagner Act) was passed to significantly limit the potential for railroad strikes to affect interstate commerce; it was later expanded to include airlines. 5.The Labor Management Relations Act of 1947 (LMRA—Taft-Hartley Act) was passed to offset some of the imbalance of power given to labor by previous laws and included a list of unfair practices by unions.
A retailer's organizational mission is its _____
a. consumer orientation b. commitment to a type of business and to a distinctive role in the marketplace c. focus on determining and satisfying consumer wants and needs d. good or service category determination
A manager attends a really overpriced management seminar on ‘how to implement change management’ by the latest management gurus “Clegg, Kornberger and Pitsis”. The manager thinks to himself, ‘That seminar was great; I learned so much that I’m going to apply it to my work’. This scenario is an example of Fulop and Rifkin’s (1999) concept of ______________.
a. Learning by doing b. Stories c. Moneymakers d. Popular accounts