During the period of Globalization 1.0, the mode of entry into foreign markets primarily involved

A. exporting goods.
B. making foreign institutional investments.
C. licensing production and distribution.
D. making foreign direct investments.


Answer: A

Business

You might also like to view...

A tax on an imported product designed to raise revenue or protect domestic firms is referred to as a(n) ________

A) exchange B) excise C) fine D) quota E) tariff

Business

Which of the following is true about the EEO-1 report?

a. All private employers must fill out an EEO-1 report. b. The EEOC strongly suggests HR managers to report racial/ethnic categories for employees. c. The EEOC is strongly encouraging online reporting of the EEO-1. d. Currently, individuals can only be classified in one race/ethnicity category.

Business

What are the three objectives of building social capital?

What will be an ideal response?

Business

Ahlheim Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: FormingAssemblyMachine-hours 16,000 15,000Direct labor-hours 2,000 6,000Total fixed manufacturing overhead cost$102,400$55,200Variable manufacturing overhead per machine-hour$2.30  Variable manufacturing overhead per direct labor-hour  $4.50During the current month the company started and finished Job T924. The following data were recorded for

this job:Job T924:FormingAssemblyMachine-hours 70 20Direct labor-hours 30 40Direct materials$870$385Direct labor cost$630$840The estimated total manufacturing overhead for the Forming Department is closest to: A. $36,800 B. $309,867 C. $102,400 D. $139,200

Business