Which of the following refers to a market-sharing pact negotiated by trading partners to moderate the intensity of international competition?
a. orderly marketing agreement
b. local content requirements
c. import quota
d. trigger price mechanism
a. orderly marketing agreement
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Why are bad news messages challenging to compose?
A) They must be lengthy and vague to avoid legal consequences. B) They require you to achieve a number of goals that are incompatible at first glance. C) They make it impossible to maintain your audience's goodwill. D) They force you to offend your audience. E) They demand that you begin with the bad news, thus standing a good chance of alienating your audience from the start.
The price of one currency expressed in terms of the other currency is known as the _____________ quotation.
Fill in the blank(s) with the appropriate word(s).
An operations manager's staff has compiled the information below for four manufacturing alternatives (A, B, C, and D) that vary by production technology and the capacity of the machinery
All choices enable the same level of total production and have the same lifetime. The four states of nature represent four levels of consumer acceptance of the firm's products. Values in the table are net present value of future profits in millions of dollars. States of Nature 1 2 3 4 Alternative A 50 55 60 65 Alternative B 30 50 80 130 Alternative C 70 80 70 65 Alternative D -100 -10 150 220 a. Assuming a maximax strategy, which alternative would be chosen? b. If maximin were used, which would be chosen? c. If the states of nature were equally likely, which alternative should be chosen?
If a board of directors is to be effective, it needs to allocate its scarce time to the ________ issues to which its members can add ________.
A. most critical; value B. hardest; time C. most clear; capital D. newest; information