Select the choice which best completes the statement, or answers the question, by clicking on the corresponding letter.
Trompenaars & Hampden‐Turner, highlight four corporate cultures– which option is NOT one of them?
Eiffel Tower
Guided missile
Incubator
Bureaucratic
Select the most appropriate label for an organization that standardises certain aspects of its activities and output whilst adapting other aspects to local differences
Global
Multinational
Multidomestic
Transnational
Which of the following is NOT one of the main advantages of limited liability?
In the event of business failure, shareholders are protected against the loss of more than the nominal value of their shareholding
The separate legal person of the company exists independently of the members
Small companies can borrow as extensively as desired
Shares (in plc’s) are readily transferable
Cole and Kelly (2011) identify the most common types of business organisation – Select the organisation type shown below that would not be regarded by the authors as one of the more common types of business organisation
Franchisees
Sole traders
Partnerships
Cooperatives
Limited companies
Select the theory least likely to be used in order to explain why some people may be treated differently (discriminatory behaviour) from others.