What is the name given to firms that defy the conventional wisdom that it is necessary to have evolved into a large firm to internationalize?
a. Early internationalizers
b. Born global
c. Rapid expanders
d. Small globalizers
b. Born global
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When the board of directors declares a cash or stock dividend, this action decreases retained earnings
a. True b. False Indicate whether the statement is true or false
Consider the curve 7x2 - 14x + 28. What is the second derivative at x = 10?
What will be an ideal response?
The case of Max v. National Credit Co is heard in a trial court. The case of O! Boy! Ice Cream Co v. Refrigerated Transport, Inc is heard in an appellate court. The difference between a trial and an appellate court is whether
a. the proceedings focus on the presentation of evidence and the examination of witnesses. b. the court is appealing. c. the parties question how the law applies to their dispute. d. the subject matter of the case involves complex facts.
Match each term with the correct statement below.
a. consumer b. economics c. economic system d. entrepreneurs e. free enterprise f. gross domestic product g. labor resources h. mixed economy 1. A measure of the economic activity within the physical borders of a country. 2. A system in which private businesses are able to start and do business competitively to earn profits, with a minimal degree of government regulation. 3. The human talent, skills, and competence available in a nation. 4. A person who purchases a good or service for personal use. 5. People who take the risks necessary to organize and manage a business and receive the financial profits and non monetary rewards. 6. An economy in which both the government and private business enterprises produce and distribute goods and services. 7. The study of how a society chooses to use scarce resources to produce goods and services and to distribute them to people for consumption. 8. The accepted process by which labor, capital, and natural resources are organized to produce and distribute goods and services in a society.