A team is a temporary (ad hoc) group set up to solve a specific problem; a task force is a permanent group made up of representatives from two or more functions
Indicate whether the statement is true or false
FALSE
Explanation: A team is a permanent group made up of representative from two or more functions; a task force is a temporary, or ad hoc, group set up to solve a specific problem.
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Taco Heaven, Burrito Joint, and Fast Fajitas are competitors in the Boston area. They have a secret agreement not to purchase any beef from Northwest Beef Growers' Cooperative. Their agreement is:
a. a group boycott. b. a horizontal market division. c. a tying arrangement. d. price discrimination.
If Sam, owner of a bicycle repair shop, repairs Jim's bicycle in exchange for a dinner at Jim's restaurant, what has just occurred?
A) a barter B) a financial leverage C) a private placement D) an indenture term E) a term-loan agreement