A(n) ________ business strategy allows companies to leverage the flexibility offered by a decentralized organization, while at the same time reaping economies of scale enjoyed by centralization
A) international
B) global
C) multidomestic
D) transnational
E) home-replication
D
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The Bookworm began delivering books directly to customers through mail instead of selling through brick-and-mortar companies. This is an example of ________
A) indirect marketing B) disintermediation C) franchising D) exclusive distribution E) intensive distribution
If an investment in stock is reclassified from available-for-sale securities to trading securities, the stock should be recorded on the date it is reclassified at the
a. market value at the date of acquisition. b. book value at the date of reclassification. c. market value at the date of reclassification. d. lower-of-cost-or-market value at the date of reclassification.
Which of the following statements about the multistep income statement is not correct?
A. Income before Income Tax Expense and Income from Operations are different if there are any peripheral revenues and expenses. B. The multistep income statement provides a subtotal of Income before Income Tax Expense. C. Income from Operations is the amount of revenues minus expenses from the company's main business activities. D. Any revenues and/expenses from activities other than the company's main business are peripheral results and are included in Income from Operations.
Web-based self-service systems allow customers to use the web to find answers to their questions or solutions to their problems.
Answer the following statement true (T) or false (F)