An advantage to firms that use a product structure arrangement is that ________
A) it requires a small resource commitment
B) duplication of corporate support functions for each product division is avoided
C) there is limited possibility for excessive focus on products
D) individual product lines are coordinated and managed globally
D
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An appraisal is effective:
a. only for 1 week after the appraisal. b. at the time of the appraisal. c. on the given day of the inspection. d. None of the above.
With reference to the United States Bankruptcy Code, which of the following is a disadvantage of bankruptcy to creditors?
A) Continued operation results in less funds to distribute at liquidation. B) The going-concern value of an insolvent business is not preserved. C) Creditor-in-possession is held accountable due to bankruptcy reporting and notice requirements. D) A creditor cannot file an involuntary petition for relief under Chapter 7.