When a number of interconnected companies and institutions from a particular field are located in a single geographic location, that location is referred to is a(n):
a. Business cluster
b. Metroplex
c. Regional business center
d. Industrial point
a
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Management, under the oversight of the firm's governing board (or boards), sets the firm's strategies. Such strategies might include:
a. determining the firm's lines of business. b. determining the firm's geographic locations. c. degree to which a given business unit will engage in new product development. d. all of the above. e. none of the above.
Which model has the following characteristics: dividing tasks among its members, establishing standard practices, transmitting objectives throughout the organization, providing channels of communication that run in all directions and training and indoctrinating members with the knowledge, skills, and values of the organization?
a. Rational model b. Collaborative model c. Garbage can model d. Organizational process model
A furniture manufacturer like Thomasville would be concerned with the producer price index because it
A. is related to the real gross domestic product. B. measures prices that manufacturers must pay for lumber and other raw materials used in the manufacturing process. C. tracks the cost of housing and transportation. D. is published daily. E. measures the effect of interest rates on the economy.
Delivery of a bearer instrument is sufficient to pass title
Indicate whether the statement is true or false