ITC Network and Farms Ghana International, a company that produces concord plus iodized salt, was visited by a Daily Graphic reporter who had some ticklish questions. The reporter succeeded
in getting the information he needed for publication from the sources that matter. Ahead of the
release of the news story by the reporter, the company sent out a national press release denying a
number of rumours and allegations, some of which were not raised by the reporter. The effect was
to publicize rumours that would not have otherwise made to print. The Graphic Business
newspaper ran a special story critical of the company’s public relations technique.
Question 1: Suppose that you are the head of public relations for the ITC Network and Farms
Ghana International, explain at least four things you would have done to appropriately address this
issue.

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Double corporation acquired all of the common stock of simple company for

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.