Which of the following is NOT an assumption of the factor-endowment theory?

a. Each country has the same tastes and preferences for all products.
b. Labor and capital move effortlessly among industries within a country.
c. Each country uses the same technology for all products.
d. Comparative advantage is determined by a wide variety of factors.


d. Comparative advantage is determined by a wide variety of factors.

Business

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One disadvantage of the market share index is that it does not identify important sources of lost market share opportunity

Indicate whether the statement is true or false

Business

A retailer can shift credit management responsibilities to others via the use of third-party credit organizations (such as MasterCard and/or Visa) or through the use of debit cards

Indicate whether the statement is true or false

Business

The leadership challenges that top executives face in making corrective adjustments when things are not going well include

A. knowing when to replace poorly performing subordinates and when to do a better job of coaching them to do the right things. B. deciding whether the company would be better off making adjustments that curtail the achievement of strategic objectives or that curtail the achievement of financial objectives. C. being able to discern whether to promote better achievement of strategic performance targets or whether to promote better achievement of financial performance targets. D. deciding when adjustments are needed and what adjustments to make. E. having the analytic skills to separate the problems due to a bad strategy from the problems due to bad strategy execution.

Business

Evaluate the current strategy of Hewlett-Packard related to personal computers and compare it with the strategy being pursued by Dell.

What will be an ideal response?

Business