Answer the following statements true (T) or false (F)
The functional currency is defined as the currency of the country in which the foreign subsidiary is located.
ANSWER: F
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Star Drilling Company produces Auger-a moving device used in mines. In a recent advertisement, the firm featured the president of the National Mining Association stating, "I can guarantee the performance of Star Augers." This is an example of:
A. a guarantee statement. B. dramatization. C. an expert opinion technique. D. a testimonial. E. a witness statement.
An RFP should provide potential bidders with the information they need to craft effective proposals. Which of the following items would NOT be essential information to include in the RFP?
Acme Global gives its employees stock in the company at the end of each year. The shares go directly into the employees’ retirement accounts as part of the organization’s ______ plan.
A. profit sharing B. stock purchasing C. employee stock ownership D. stock option
For a single server, single queue system with an arrival rate of 18 customers per hour and a service rate of 10 customers per hour, what is the mean server utilization?
a. < 0.25 b. > 0.25 and < 0.50 c. > 0.50 and < 1.00 d. > 1.00 (infeasible)