During the 1970s, which of the following statements was true of global competition?
A. European firms dominated key markets because of an excellent infrastructure.
B. Many Japanese and German firms began to take market share from American firms.
C. American firms dominated key markets despite having a poor infrastructure.
D. Countries such as India and China became world leaders in quality management.
Answer: B
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If the unit selling price is $40, the volume of sales is $3,000,000, sales at the break-even point amount to $2,500,000, and the maximum possible sales are $3,300,000, the margin of safety is 14,500 units
Indicate whether the statement is true or false
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A. $0.75 per MH B. $5.00 per MH C. $2.08 per MH D. $1.50 per MH E. $0.50 per MH
A discount on a closed-end fund can increase its investment return
Indicate whether the statement is true or false.