A company producing standardized products for its customers can be more conservative in its pricing strategy than a company producing custom-designed items

Indicate whether the statement is true or false


False

Business

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Multilateral netting

A. is more expensive than hedging. B. is using IC open positions in two currencies that are expected to balance each other. C. creates competition among subsidiaries. D. should be avoided.

Business

In the context of market channels, the use of local distribution networks to reach target customers is identified in the ________ channel factor.

A. continuity B. control C. cost D. character E. coverage

Business

Under negligence, a person is liable only for ________ events

A) intervening B) foreseeable C) superseding D) overruling

Business

Answer the following statements true (T) or false (F)

1. Managerial insistence on retaining the right to make business decisions such as location and production technology without interference from employees or unions was formalized in the 1940s. 2. The importance of grievance arbitration as a method of settling labor disputes was not formalized until the 1970s. 3. The push for greater flexibility and employee participation in the workplace is very compatible with traditional union goals. 4. Under scientific management principles, workers become better at their jobs through cross-training to increase workforce flexibility. 5. In the 20th century, the primary method for organizing and managing work was scientific management.

Business