Which of the following gives headquarters considerable authority and control over the firm's activities worldwide?

All of the following expenses incurred in the course of operating a business are deductible business expenses except

a. Cost of sending communications to members of a city council regarding legislation. b. Public service advertising that keeps the name of the business before the public. c. Advertising in a concert program the local church is sponsoring. d. Advertising in a convention program of a political party. The proceeds from the publication of the program are for the local use of the political party.

The firm's purpose and where it fits into the world is identified by the

a. strategy. b. policy. c. mission. d. objective.