A representative office does not directly conduct business for the parent company

Indicate whether the statement is true or false


True

Business

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In a period of falling prices, FIFO produces the lowest cost of goods sold and the highest gross profit

Indicate whether the statement is true or false

Business

If merchandise inventory is being valued at cost and the price level is steadily rising, the method of costing that will yield the highest net income is

A) periodic B) LIFO C) FIFO D) average

Business

What are some of the ways that private equity firms can increase an entrepreneurial firm’s value?

What will be an ideal response?

Business

Kareem is an up-and-coming employee and a large US-based fortune 500 company. Well he believes he has good relationships over all with his coworkers, he sometimes feels like he is purposely excluded from things. Kareem plans to speak with his supervisor and suggest that the company offered diversity training to minimize instances of stereotyping and help people communicate better. Which diversity management paradigm supports this approach?

a. Cultural audit b. Diversity enlargement c. Diversity sensitivity d. Strategy for achieving organizational outcomes

Business