Under the common law, a partnership is generally considered to be a legal entity rather than an aggregate of individuals

Which of the following statements is true of the impact of globalization on value chains and business processes?

A) Companies must develop a standardized global strategy irrespective of where they are operating from. B) Companies prefer to perform all their processes in-house as it is more cost-effective than outsourcing. C) Manufacturing of a final product is frequently distributed throughout the world. D) Increased globalization calls for greater attention to promotional aspects of the marketing mix as opposed to the product.

During the establishment stage, salespeople focus on getting ahead in their current occupation.

a. true b. false