Many citrus farmers and growers in the United States have direct and low-cost access to packing houses. As such, they are able to directly process their harvest through these packing houses, limiting the cost of production of packed citrus products
What attribute of a cooperative is shown in this situation?
Cooperatives provide services to members through the pooling of finances and purchasing of equipment that will benefit the members. People with common business interests can form cooperatives and use the benefit of group power to negotiate within their marketplace. Members enjoy reduced costs due to the greater bargaining power and market strength associated with big groups.
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The use of legitimate methods to reduce one's taxes is tax ____________.
A) evasion B) avoidance C) exemptions D) deferred techniques E) reductions
In the chapter Strategic Focus, which of the following best characterizes Exxon-Mobil's approach to innovation?
a. the use of autonomous strategic behavior b. the use of product champions c. development of radical innovations d. development of incremental innovations