What are long-term partnerships between companies to jointly develop or sell products or services?

Which of the following statements is true of the corporate form of business?

A) The board of directors sets policy for the corporation and appoints the officers. B) Changes in the ownership of stock has a negative effect on the continuity of the corporation. C) Any stockholder may commit the corporation to a contract. D) It is easy for stockholders to lodge an effective protest against management.

The purchase of a good with high perceived risk is likely to involve what type of consumer decision making?

a. extended decision making b. routine decision making c. limited decision making d. brand loyalty