The following reporting relationship may best indicate a functional form of organization. The manager of the Lexington, Kentucky, retail store of a national chain reports to the president, Midwest Division. The Midwest Division reports to the headquarters unit.
Answer the following statement true (T) or false (F)
False
This is an example of geographic departmentalization.
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With arbitrage, a trader attempts to purchase a foreign currency at a low price and, at a later date, resell the currency at a higher price in order to make a profit.
a. True b. False
Dissolution of a partnership
a. implies that the business operations will halt. b. occurs when there is any change in the members of the partnership. c. implies that the business cannot continue with a new group of partners. d. implies that the business cannot form a different ownership structure.
Hyperlinks are useful in slide presentations for
A) limiting additional details. B) customizing one electronic presentation for several audiences. C) introducing additional information during question-and-answer periods. D) increasing flexibility in response to audience feedback. E) transferring the presentation to a mobile device.
Product mix ________ refers to the number of versions offered of each product within a line
A) length B) depth C) height D) width E) perimeter