What economic field of study explores the problems associated with a firm that arise from a separation of ownership and control and devises ways to resolve them?
A) futures and options
B) agency theory
C) foreign direct investment
D) franchising
Answer: B
Business
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Briefly describe several of the inputs that marketers typically contribute to a company's business plan
What will be an ideal response?
Business
Which of the following is assumed when considering the linearity feature of linear programming (LP) models?
a. The contribution of decision variables to the objective function is proportional. b. The contribution of each decision variable can be added to obtain the overall usage of a given constraint. c. The contribution of each decision variable can be added to obtain the overall value of the objective function. d. All of the above are features of proportionality in LP.
Business