Which of the following is a distinctive characteristic of multidivisional structured organizations in the United States?
A) These organizations have a close relationship with the different organizations part of the supply chain.
B) Executives at the corporate headquarters are committed to single business units.
C) Corporate headquarters are least concerned about strategic planning and the allocation of resources among business units.
D) Profit responsibility for operating decisions is assigned to managers of individual business units.
C
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Which of the following sections of the statement of cash flows includes purchases and sales of long-term assets?
A) the financing activities section B) the operating activities section C) the investing activities section D) the non-cash investing and financing section
A duty that directors and officers have not to act adversely to the interests of the corporation and to subordinate their personal interests to those of the corporation and its shareholders is known as ________
A) duty of care B) duty of loyalty C) duty of obedience D) self-dealing