Which of the following best sums up the experience of Walt Disney Company executives when creating Disney's theme park in Paris?
A) They were guided by the "think global, act local" principle.
B) They fell victim to the self-reference criterion.
C) They exhibited a geocentric management orientation.
D) They miscalculated the rate of diffusion of innovations in Europe.
E) They had an unbiased perception of existing culture in Europe.
B
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Ethan purchases a house for $250,000. He borrows $200,000 from StarCross Bank and gives the bank a mortgage on the house for this amount. StarCross Bank fails to record the mortgage. Ethan then applies to borrow $200,000 from Pentalon Bank
Pentalon Bank reviews the real estate recordings and finds no mortgage recorded against the property, so it lends Ethan $200,000. Pentalon Bank records its mortgage. Later, Ethan defaults on both loans. In this case, which of the following would be true in case of the possible foreclosure on the collateral? A) StarCross Bank can foreclose because they made the first loan. B) Pentalon Bank can foreclose because they recorded of the mortgage. C) The collateral has to be returned to Ethan since there is a violation of the recording statute. D) None of the parties involved can claim ownership of the collateral as it passes into the public domain.
Vertical integration strategies
A. are particularly effective in boosting a company's ability to expand into additional geographic markets, particularly the markets of foreign countries. B. are one of the best strategic options for helping companies win the race for global market leadership. C. are a good strategy option for helping a company revamp its value chain and bypass low value-added activities. D. offer good potential to expand a company's lineup of products and services. E. extend a company's competitive scope within the same industry by expanding its operations across multiple segments or stages of the industry value chain.
Shoes that are dull, scuffed, or scratched can ruin an otherwise professional appearance.
Answer the following statement true (T) or false (F)
Considering each action independently and holding other things constant, which of the following reduces a firm's need for additional capital??
A. ?An increase in the dividend payout ratio B. ?A decrease in the days sales outstanding C. ?A decrease in the profit margin D. ?An increase in expected sales growth E. ?A decrease in the accrual accounts (accrued wages and taxes)