A ______ produces and distributes identical products and services worldwide while ______ emphasize flexibility and customization to meet the needs of differing customer groups worldwide.
a. global corporations; multinational corporations
b. multinational corporations; international corporations
c. international corporations; global corporations
d. multinational corporations; global corporations
d. multinational corporations; global corporations
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Answer the following statements true (T) or false (F)
1.A subsidy granted to import-competing producers is intended to lead to increased domestic production and decreased imports for the home country. 2.A subsidy granted to an import-competing producer shifts its supply schedule outward to the right. 3.A subsidy granted to an import-competing producer imposes a deadweight loss on the domestic economy equal to the redistribution effect plus consumption effect. 4.A subsidy granted to import-competing producer reduces overall domestic welfare by the same amount as would a tariff or quota that restricts imports by the same amount. 5.To the extent that subsidies granted to exporting firms reduce the foreign price of their goods, the subsidizing country's terms of trade worsen.
Expenditures on advertising and research must be recognized as expense in the period of expenditure, regardless of the firm's expectation of future benefits
Indicate whether the statement is true or false
According to the text, it has been argued that the ultimate goal of effective supply chain management systems is to
A. reduce costs. B. reduce inventory. C. increase sales. D. increase standardization. E. improve quality.
Changes in cultural values have little effect on people's needs for products.
Answer the following statement true (T) or false (F)