Sought regarding topics based on their expertise are known

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Reference no: EM132216014

1. Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these two businesses was a __________ merger. Kooky Cookies went on to purchase several baking product companies. Joining forces with some of its suppliers would represent a __________ merger.

conglomerate; horizontal

vertical; horizontal

horizontal; vertical

conglomerate; conglomerate

2. Huong is opening an international food store. Though her products will span the globe, she wants to focus on items from the Middle East. She wants to be the firm's only general partner, but she is trying to get several friends to participate as limited partners. It's apparent Huong wants to

limit her personal liability to the amount she personally invests in the company.

keep all of the firm's profits.

obtain a strong financial base for the firm while maintaining personal control over the firm's management.

meet the legal requirements of the Uniform Partnership Act.

3. The people or organizations whose information and views are sought regarding topics based on their expertise are known as:

A. technology drivers

B. technology champions

C. change agents

D. opinion leaders

E. attitude formation leaders

4. Among the challenges leaders face today is:

Maintaining integrity and mission while avoiding organizational rigidity and intractability.

Understanding that in your first appearance in your organization, you must “show them who’s the boss”

Change is always a top down procedure, so how can I make it palatable for everyone involved

None of the above

5. Sandy suspects that her boyfriend Paul is being unfaithful. While he is asleep, she takes his smartphone out from under his pillow and goes through all his texts. Which law has she violated?

A) The First Amendment

B) The Communications Decency Act

C) The Wiretap Act

D) None of These

6. Beau has agreed to invest $19,000 in a partnership with his brother and sister-in-law. Not being in the same line of work as them, Beau does not intend to actively work in the partnership. He also does not want to risk any of his own assets other than the $19,000 investment. The partnership has agreed to permit him to share in the profits. As an expert on forms of business ownership, you know that Beau is a __________ in this partnership.

general partner

preferred stockholder

secondary partner

limited partner

Reference no: EM132216014

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