Examlex
In regards to family ownership, all of the following are true except:
a. Most small firms in the world are owned and controlled by families.
b. The vast majority of large corporations throughout continental Europe, Asia, Latin America, and Africa no longer feature concentrated family ownership and control.
c. Family ownership and control may provide better incentives for the firm to focus on long-run performance.
d. Such ownership may also minimize the conflict between owners and professional managers typically encountered in widely owned firms.
e. Family ownership and control may lead to the selection of less qualified managers who happen to be the sons, daughters, and relatives of owners.
Business Practices
The methods, strategies, and procedures employed by companies in the design, production, marketing, and sale of their products and services.
Sherman Act
A United States antitrust law passed in 1890 that outlaws monopolistic practices and promotes competition.
Trusts
Legal arrangements where one party, known as the trustor, grants another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary.
Market Competition
The rivalry among companies to attract customers and gain market share by offering better products, services, and terms.
Q1: You recently noticed a comment in a
Q4: In regards to the link between CSR
Q9: Provided that they have good health, more
Q10: One downside to licensing/franchising is that the
Q18: The more concentrated an industry is, the
Q38: Possible ways to minimize the threat of
Q44: Some foreignness is never an asset.
Q49: Tumi is a 70-year-old woman who has
Q57: Which statement concerning elder abuse is true?<br>A)The
Q136: Which aspect of death is most highly