Which of the following is a feature of the corporate form of business ownership?

a. Unlimited liability
b. Lower tax rates
c. Limited resources
d. Double taxation

d. Double taxation

Business

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Philanthropists Bill and Melinda Gates recently spoke about their Global Development Division that works to help the world's poorest people lift themselves out of hunger and poverty. This is an example of a story, which is a narrative based on true events emphasizing a particular value.

a. true b. false

Business

All of the following approaches are appropriate for checking escalation of commitment to poorly performing new product development projects except:

a. give a bonus to the manager in charge of the new product development b. include naysayers or skeptics on the product review committee c. decouple the withdrawal decision from previous investments d. use a stopping rule based on objective data e. have a new manager with no prior beliefs make the continue/stop decision

Business