Which alliance type is the Renault-Nissan alliance, where Nissan owns 15 percent of Renault, and Renault owns 44.4 percent in Nissan?
A. Equity alliance
B. Non-equity alliance
C. Greenfield venture
D. Joint venture
Answer: A. Equity alliance
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A retail store prices its goods to achieve a gross margin of 30 percent. Up to the date of a fire that destroyed the store's inventory, sales were $200,000 and cost of goods available for sale was $150,000 . The estimated cost of the inventory destroyed is
a. $10,000. b. $35,000. c. $60,000. d. $50,000.
The two categories of social groups or institutions are
A. social and kinship. B. kinship and free association. C. kinship and monogamy. D. culture and monogamy.
The duty of a firm to maximize profits for its owners or stockholders is referred to as ________.
A. social responsibility B. profit responsibility C. benefit marketing D. stakeholder responsibility E. value consciousness
The purchase of assets at below their replacement cost and tax considerations are two factors that motivate mergers.
Answer the following statement true (T) or false (F)