________ refers to educating the customer's employees to use the vendor's equipment properly and efficiently
A) Customer training
B) Open innovation
C) Crowdsourcing
D) Co-development
E) Collaborative research
A
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Answer the following statements true (T) or false (F)
1.Generally speaking, transportation costs are more important than production costs as a source of comparative advantage. 2.According to the product life cycle theory, comparative advantage shifts from cheap-labor countries to high-technology countries after a manufactured good becomes standardized. 3.The product lifecycle theory contends that when a new product is introduced to the home market, it generally requires low-skilled labor to produce it. 4.Although some people may be harmed by international trade, the Heckscher-Ohlin theory asserts that free trade will promote the standard of living for the nation as a whole. 5.Assume that labor is relatively scarce in the United States. According to the factor-price equalization theory, American labor may opt for trade barriers once trade opens up.
Which of the following methods of accounting for investments is appropriate when the investor controls the investee?
A) equity method B) consolidation C) cost method D) lower of cost or market method
A test of the null hypothesis where the alternative hypothesis is not expressed directionally is called a ________ test
A) one-tailed B) two-tailed C) three-tailed D) four-tailed E) A and B
Activity-based costing may be used to charge selling and administrative expenses to:
a. types of products sold. b. sales offices. c. sales persons. d. All of the above.