Whereas semi-variable costs increase as production increases, but not in direct proportion, variable costs vary according to the output levels

Indicate whether the statement is true or false.


T

Business

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You tell a joke during family dinner; this prompts others to tell a joke. You and your family then spend 20 minutes laughing and telling jokes to see who is funnier. According to CMM, which level of interpretation is this?

a. content b. episode c. coordination d. mystery

Business

Answer the following statement(s) true (T) or false (F)

1. Managers on temporary assignments overseas continue to play a very important role in managing today’s global organizations. 2. An ethnocentric staffing strategy of multinational organizations involves using local foreign managers only. 3. An ethnocentric staffing strategy of multinational organizations involves using home country managers predominately. 4. A geocentric staffing strategy of multinational organizations involves using a mix of nationalities within regions.

Business

Because they are written for managers and decision-makers, ________ summaries are less technically oriented than abstracts

Fill in the blank(s) with correct word

Business

When a bank is the maker promising to repay money it has received, plus interest, the promissory note is called a ________

A. check B. letter of credit C. deed D. certificate of deposit

Business