________ means that managers or owners of a company know more about the future performance of the company than potential outside lenders
A) Symmetric information
B) External financing
C) Asymmetric information
D) Two-sided information
Answer: C
Business
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Betty starts up a business selling party supplies from a retail store. This business is very
successful. She opens several other stores in the same city. She eventually has six similar stores in her city. She has a manager for each store who is paid a fixed annual salary. All her other employees are paid on an hourly basis. She has never chosen any particular form of business organization for this business. This business is most likely: A) A franchise. B) A corporation. C) A joint venture. D) A sole proprietorship. E) A partnership.
Business
How does globalization affect HR departments?
What will be an ideal response?
Business