Which of the following is true of hiring LCNs?
A. Employment of LCNs satisfies nationalistic demands for hiring locals.
B. Rarely do organizations decide that hiring LCNs is appropriate.
C. Companies incur relocation expenses and other substantial expenses when hiring LCNs.
D. Companies need to be concerned about LCNs' being able to adapt to the local culture.
Answer: A
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When the management team noted the increased interest in bikes as a mode of commuting, bicycle manufacturer Sensta introduced utility bikes aimed at the urban commuter
In which of the following cases is the company following a plus-one pricing strategy? A) Sensta entered the market with a bike priced at $2,500, and later, as more competitors entered the market, reduced the price to $1,000. B) As the market for bikes in a particular city became saturated, Sensta raised the prices of its bikes hoping to gain maximum profit before exiting the market. C) With several competitors with similar product features in the utility bike market, Sensta concentrated on the sturdiness of its bikes, and raised the price of the basic model from $500 to $1,000. D) Sensta manufactures a basic model priced at $500, a bike with more features, priced at $1,500 and a deluxe model priced at $3,000. E) When Sensta entered the market, there were already competitors in the $1,000-$2,000 price range. Sensta introduced three bike models in the $500-$700 price range in order to capture market share, and later raised the prices of its products.
Which of the following would NOT be classified as a current asset on a classified balance sheet?
a. Investment securities (trading) b. Short-term investments c. Intangible assets d. Prepaid expenses
A pure project organizational structure houses the project in a specific functional area
Indicate whether the statement is true or false
If a profitable firm finds that it simply must "stretch" its accounts payable, then this suggests that it is undercapitalized, i.e., that it needs more working capital to support its operations.
Answer the following statement true (T) or false (F)