Suppose That Several Microelectronics Manufacturers Want to Set Up a Trade

question 164

Short Answer

Suppose that several microelectronics manufacturers want to set up a trade association. They need to know that trade associations are allowed to do all of the following except
allocate markets for their members.
influence the kind of legislation that is passed.
conduct training programs relevant to the industry.
arrange trade shows.
publish newsletters featuring articles on new products.

Understand the characteristics and implications of defensive communication.

Recognize the importance and effects of nonverbal communication including body movement, posture, and paralanguage.

Identify ways to overcome communication barriers including gender differences and defensive tactics.

Describe the significance of seating dynamics and territorial space in business interactions.

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Definitions:

Corporation

An independent legal entity owned by shareholders, with the distinct capability to own assets, incur liabilities, and conduct business in its own name.

Tax-Deductible Expense

An expense that can be subtracted from gross income to reduce taxable income.

Corporation

A legal entity that is separate and distinct from its owners, who are known as shareholders.

Bonds

Long-term debt securities issued by corporations or governments to finance operations, projects, or other capital needs, paying periodic interest and the principal amount at maturity.