Ball State ISOM 125 final Exam | Questions And Answers Latest {2024- 2025} A+ Graded |
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Advertising, personal selling, coupons, and sweepstakes are forms of_____. - promotion
When a group of investors borrows money to buy a company or division, using the company's assets to
guarantee the loan, it is called a(n) - leveraged buyout
If a business is to be successful in the long run, it must produce quality products, operate efficiently, and
be - socially responsible
The legal documents that identify the basic agreements between partners are called - articles of
partnership.
The functions of organizing, staffing, planning, and controlling are most closely associated with -
managers.
Corporations distribute profits to their owners in the form of - dividends.
Joint ventures are popular in situations that call for - large investments.
Which stockholders usually have the right to vote and control the board of directors? - Common
All of the following are advantages of a corporation except - lower frequency of taxation.
An important advantage of a corporation is its - limited liability.
In a socialist system, citizens are dependent on _________ for many goods and services. - the
government
, The effective translation of product names can be crucial to the success of a foreign marketing effort
because of - cultural barriers
The group of individuals elected by the stockholders to oversee the general operation of a corporation
are known as the - board of directors
Because it virtually controls the world's deposits of gem-quality diamonds, DeBeers Consolidated Mines,
Ltd. has a(n) - absolute advantage
Financial resources are also known as _______________. - capital
Thomas thinks that organizing as a partnership would be best because - it would allow them to rely on
their own financial resources and talents.
Agricultural commodities are usually sold under which competitive environment? - Pure competition
When a firm is facing a hostile takeover attempt, it may issue a poison pill, which is - when the firm
allows stockholders to buy up shares of stock at lower than market value.
Because many countries do not permit foreign companies to purchase and operate facilities in their
countries, a company wishing to do business in such a country may share the business costs with a firm
from the host country by forming a - joint venture.
Which of the following is an advantage of a partnership? - Ease of formation
A change in administration in a foreign government that is hostile to foreign trade is an example of a(n) -
political barrier.
When two computer companies joined together in hopes of obtaining a competitive advantage on a
worldwide basis, this exemplifies a - strategic alliance.
The U.S. has a trade deficit because - the U.S. imports more products than it exports.
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