Which of the following is true of a share exchange?
A) The subsidiary corporation ceases to exist after the share exchange.
B) The legal existence of both corporations is retained after the exchange.
C) The shares of both parent and subsidiary corporations are divided equally between themselves.
D) The subsidiary corporation can have a maximum of three shareholders in the exchange.
B
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Which of the following is NOT a requirement for competing in today's global economy?
A. efficient and effective production and manufacturing systems B. well-organized and expertly-supported trade facilitation processes C. efficient and effective resource allocation D. well-organized and expertly-supported distribution logistics E. solid network of financial intermediation and support.
Through ________ competition, competitors offer different products, attempting to satisfy the same consumers' needs and wants
A) discretionary income B) product C) brand D) monopolistic E) oligopolistic