The process of _____ enables organizations to plan and carefully design their global sites to cater to local needs and preferences.

A. globalization
B. localization
C. socialization
D. glocalization


Answer: D

Business

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Answer the following statements true (T) or false (F)

1. Empathy is a common characteristic of product quality. 2. The mileage a Honda Civic car gets is important to its target market. 3. The time (or duration) for which a customer uses the product is an important core competency for a company. 4. Finding new ways of advertising is an example of an innovation in operations management to gain a competitive edge.

Business

A building with a book value of $ 46,000 is sold for $51,000 cash Using the indirect method, this transaction should be shown on the statement of cash flows as follows:

A) an increase of $46,000 from investing activities B) an increase of $51,000 from investing activities and a deduction from net income of $5,000 C) an increase of $51,000 from investing activities D) an increase of $46,000 from investing activities and an addition to net income of $5,000

Business

Benchmarking against direct competitors creates the risk of

a. creating products or services with identical specifications. b. becoming stagnant relative to process improvements. c. being taken over by the competitors to prevent the loss of ideas. d. all of the above.

Business

You are paid to teach classes for the university and wonder how much money the university makes from your graduate-level classes

Based on historical data, you determine that your summer classes for the next seven years will generate an average annual revenue of $93,850. If you discount these cash flows at an annual rate of 8.30%, what is the present value of the expected cash flows? A) $656,950.00 B) $845,133.52 C) $483,644.36 D) $523,786.85

Business