Which of the following is not considered to be intellectual propety?

patent

company trademark

copyright

long-time employees

When one drug manufacturer purchases all of the common stock of another drug manufacturer because the acquired company makes a drug that compliments the drug lines made and sold by the acquiring company, that is an example of what type of transaction?

joint venture

a conglomerate

horizontal merger

vertical merger

Ling, Temco, Vaught (LTV) once owned subsidiary companies that manufactured jet fighters, baseball gloves, and did meat packing.LTV was an example of what type of business?

horizontal integration

a conglomerate

vertical integration

a joint venture

The "law" represents the minimum acceptable behavior that is expected within a society. Ethical standards represent the guidelines which yield the behaviors that societyshould

demonstrate.If a company complies with its legal and ethical requirements, it will, by definition, fulfill its mandate to be socially responsible and thus create value for its community stakeholder.(Ch. 7)

True

False