In explaining international trade, the product life-cycle theory focuses on
a. local resources.
b. the role of technological innovation.
c. per-capita income levels of nations.
d. the availability of unskilled labor.
b. the role of technological innovation.
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When a brand is associated with a major sporting event, such as the Olympics, without any intentional or indirect effort on the brand's part, it is:
A) stealth marketing B) direct ambush marketing C) incidental ambush marketing D) indirect ambush marketing
The balance sheet of Old Gold Mines for the year ended June 30, 20x2, showed a balance in retained earnings of $6,000 million at the end of 20x2 and $4,600 million at the end of 20x1 . Net income for 20x2 was $2,400, million. Compute the amount of dividends Old Gold Mines declared during 20x2
a. $500 million b. $1,000 million c. $1,500 million d. $2,000 million e. $2,500 million
At this level of development, companies are only interested in complying with laws and industry standards.
A. stage 1: elementary B. stage 2: engaged C. stage 3: innovative D. stage 4: integrated
Zhang Corp. owns 40% of Magnor Company's common stock. Magnor pays $97,000 in total cash dividends to its shareholders. Zhang's entry to record the cash dividend received from Magnor would include a:
A. Credit to Cash for $97,000. B. Debit to Dividends for $38,800. C. Debit to Dividends for $97,000. D. Debit to Equity Method Investments for $97,000. E. Credit to Equity Method Investments for $38,800.