What country below is a member of low-context cultures:
a. China
b. Japan
c. Chile
d. United States
d. United States
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The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows:
Standard Costs:| Fixed overhead (bases on 10,000 hrs) 3 hrs. per unit @ $0.80 per hr. Variable overhead 3 hrs. per unit @ $2.00 per hr. Actual Costs: Total variable cost $18,000 Total fixed cost $ 8,000 The fixed factory overhead volume variance is $2,000 unfavorable
The managerial task of developing a strategic vision for a company
A. entails coming up with a concrete plan for how the company intends to make money. B. is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace. C. concerns deciding what approach the company should take to implement and execute its business model. D. involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense. E. entails coming up with a fairly specific answer to "who are we, what do we do, and why are we here?"
Damages will be awarded for losses where there is an awareness of special circumstances. For these damages to be awarded, which of the following, if any, applies?
A) The losses must be in the normal course of business. B) The special circumstances must be told to the other party at the time of making the contract. C) The other party knew and agreed to be liable for these special losses D) The other party must have been able to foresee the special circumstances. E) None of the above.
Sam sells property to Betty and delivers Betty a deed that says, "This property is conveyed to
Betty so long as she never operates a bar on the premises." If she operates a bar on the premises, Sam Seller may take possession of the property. The type of interest that Betty has acquired is a: A) Fee simple defeasible. B) Fee simple limited. C) Fee simple remainder. D) Fee simple absolute. E) Fee simple life estate.