Chapter 1: Fundamentals of Strategic Management TRUE/FALSE 1. The term strategy refers to various plans at all levels of the organization. ANS: F Strategy refers to top management’s plans to develop and sustain competitive advantage. PTS: 1 DIF: Easy REF: 1-1 2. The term strategy refers primarily to activities at the top level of the organization. ANS: T Strategy refers to top management’s plans to develop and sustain competitive advantage. PTS: 1 DIF: Easy REF: 1-1 3
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includes services is ____________. a. NAFTA b. NAICS c. NACS d. NACSS e. NEICE (b; Moderate; p. 8) 3. Service markets are shaped by all of the following except ____________. a. government policies b. social changes c. global economic change d. business trends e. advances in information technology (c; Easy; p. 10) 4. A useful way to distinguish between goods and services is to place them on a continuum from ____________ to ____________. a. practical; impractical b. tangible-dominant; intangible-dominant
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C. D. E. working capital management. debt management. equity management. capital budgeting. capital structure. 6. A business owned by a single individual is called a: A. B. C. D. E. corporation. sole proprietorship. general partnership. limited partnership. limited liability company. 7. A business formed by two or more individuals who each have unlimited liability for business debts is called a: A. B. C. D. E. corporation. sole proprietorship. general partnership. limited partnership. limited
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Bank of America Business Analysis Bank of America is one of the world ’s largest financial institutions‚ serving individual consumers‚ small and middle sized market businesses and large corporations with a vast array of products and services. From multi-million dollar loans to thousands of ATM’s throughout the United States and overseas‚ Bank of America is among the world ’s leading wealth management companies’ and is a global leader in corporate business. Bank of America Business Capital provides
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Business Law I January 31‚ 2013 Corporate Structure Assessments Part A: A sole proprietorship is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. The IRS does not consider the sole proprietorship as a separate business entity. The owner reports
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Business Law and ethics Subject: The objective of this report is to highlight the importance and need of ethics‚ ethical leadership and organisation behaviour. The report is based on the speech of Michael Hackworth. Leadership in fairness and honesty makes good business sense. Organisation behaviours‚ culture‚ values‚ management style and ethics‚ all of them make a combination on which company success and failure depends. Every company in the world start by stating the mission‚ objectives
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Business Law II Exam I Review ____ 1. As part of a loan to pay for improvements to her restaurant‚ Courtney executes a negotiable instrument in favor of Tim. They are the only parties to the instrument. A negotiable instrument that has only two parties is The promissory note is the simplest form of commercial paper; it is simply a promise to pay money. A promissory note is a two-party instrument in which one person(known as the maker) makes an unconditional promise in writing to pay
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Course Syllabus: MBA 610 Business Law G1054 Manchester Center Term and Dates: 14TW1 9/02/2014 through 11/09/2014 Hybrid Tuesday 06:00PM - 09:30PM‚ Instructor Information : Attorney Saheed W. Dahar II s.dahar@snhu.edu Office Hours/ Availability: Instructor will arrive thirty (30) minutes prior to each lecture. You will normally communicate with your instructor during a scheduled lecture and in an open Blackboard forum so that your questions and the instructor’s answers benefit the entire class
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BankChapter 13 - Property‚ Plant‚ and Equipment: Depreciation and Depletion Chapter 13 Property‚ Plant‚ and Equipment: Depreciation and Depletion True / False Questions 1. The auditors’ approach to the audit of property‚ plant‚ and equipment largely results from the fact that relatively few transactions occur. True False 2. A major control procedure related to plant and equipment is a budget for depreciation. True False 3. Evidence of continued ownership of property is obtained by vouching
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practice law if they do not pay their bar fees. What if any defenses‚ contractual arguments or counterclaims would the Lawyer have? The lawyer will not have any defenses‚ contractual arguments or counterclaims since he disobeyed the state statute by not paying his bar dues. Will he prevail in his defenses or his counterclaims? Not at all! The lawyer will not prevail with a defense or a counterclaim since he did not pay his bar fees. As a result‚ he could be suspended from the practice of law for time
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