Which of the following is a business organization owned by a group of people for their mutual benefit?

(A) A cooperative
(B) A limited liability partnership
(C) A professional organization
(D) A labor union

Ans: (A) A cooperative

Business

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Adjustable rate loans

A) have less variability than flexible rate loans. B) are also called flexible rate loans. C) are tied to different indexes then those determining flexible rate loans. D) are for shorter periods than flexible rate loans.

Business

Which of the following is NOT a factor driving local responsiveness among global firms?

A) cross-national differences in distribution channels B) diverging consumer tastes and preferences C) cross-national differences in product standards D) host government support of freer international trade

Business