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- 1. Multiple Choice
All of the following are disadvantages of corporations EXCEPT:
Lack of secrecy
Expensive Formation
Perpetual Life
Government Regulation
- 2. Multiple Choice
Herzberg thought a state of complete
satisfaction was
common among employees.
True
False
- 3. Multiple Choice
When Panasonic improves the sound,
clarity, and ease of operation offered
by its DVD player, it is:
shortening its product life cycle.
refining its existing product.
redistributing its product.
reducing DVD's functionality.
- 4. Multiple Choice
A corporation chartered in Mexico and
doing business in the United States is
known as a foreign corporation in the United States.
True
False
- 5. Multiple Choice
Nearly all experts and academics in the
field of leadership agree that a
participative leadership style is the best within an American organization.
True
False
- 6. Multiple Choice
A highly centralized organization usually
means that lower-level employees have the opportunity to make decisions regarding the best
way to accomplish their assigned tasks.
True
False
- 7. Multiple Choice
As with a sole proprietorship, one
disadvantage of a partnership is a lack
of continuity.
True
False
- 8. Multiple Choice
The United States buys automobiles
from Japan and Germany and petroleum
products from many OPEC nations.
The United States thus engages in:
dumping.
tariffing.
importing.
exporting.
- 9. Multiple Choice
The factors of production include natural
resources, labor, government assistance,
and entrepreneurship.
True
False
- 10. Multiple Choice
The Organization of Petroleum Exporting
Countries (OPEC)
was founded in 1975.
was conceived as a collective bargaining unit.
was effective in increasing the supply of oil.
was organized in response to the formation of the European Community
- 11. Multiple Choice
Just under 70 percent of online adults
who use the Internet are active on social
media.
True
False
- 12. Multiple Choice
KPI stands for key preference indicators.
True
False
- 13. Multiple Choice
Online booksellers that are selling books
and related items to retail customers and
seem to be following the same business activities are using a B2B
business model.
True
False
- 14. Multiple Choice
Which of the following is a website
that allows a company to share
information about products or services?
blog
crowdfunding
forum
crowdsource
- 15. Multiple Choice
Which of the following is the first step in
building a social media plan?
Listen to determine opportunities.
Integrate the plan.
Select social media tools.
Establish social media tools.
- 16. Multiple Choice
Most local firms use immediate-response advertising.
True
False
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