Which one of the following statements is correct:
A. All of the major stock exchanges are US based
B. The NYSE was created by the National Association of Securities Dealers in the early 1930s
C. The Chicago Stock Exchange is a dealer market
D. OTC markets have a physical trading floor generally located in either New York City or Chicago
E. The primary purpose of the NYSE is to match buyers with sellers
Ans: E. The primary purpose of the NYSE is to match buyers with sellers
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Which of the following reflects a fundamental challenge for using the matrix organizational structure?
A. monitoring B. linkage C. integration D. dual reporting—conflict of command
When British entrepreneur Richard Branson opened the first Virgin Megastore in Japan, he did so by establishing a joint venture with the Marui retailing chain. This represents an inappropriate market-entry approach for a global retailer
Indicate whether the statement is true or false