Firms that have a considerable amount of earnings abroad do not face any risk from changes in exchange rates
Indicate whether this statement is true or false.
Answer: FALSE
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Social responsibility is
A. the view that organizations should satisfy the needs of consumers in a way that provides for society's well-being. B. the idea that individuals and organizations are accountable to a larger society. C. the recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are to achieve sustainable, long-term growth. D. the idea that an organization should strive to satisfy the needs of consumers while also trying to achieve the organization's goals. E. the fundamental, passionate, and enduring principles of an organization that guide its conduct over time.
FIFO is the inventory costing method that follows the physical flow of the goods
Indicate whether the statement is true or false
As workers grow older, they set their job expectations higher.
Answer the following statement true (T) or false (F)
Reality Financial Corporation, a U.S. firm, files a suit against Switzerland in a U.S. court. Switzerland claims foreign sovereign immunity. Under the Foreign Sovereign Immunities Act
a. Reality Financial must show that Switzerland is not entitled to sovereign immunity. b. Switzerland must show that it is entitled to sovereign immunity. c. the court must dismiss the suit without any showing. d. the court may hear the suit but its decision will have no effect.