Sven is a senior vice president at a textile manufacturer that wants to move from being 20 percent globalized to 70 percent globalized in the next 10 years. What are some possible drawbacks that Sven's company must anticipate?
A. Rising wages may cancel out cost savings of access to low-cost input factors.
B. Improved communication technology may lead to longer production cycles.
C. Governments may lower barriers to international trade.
D. None. All political and economic factors point to the rise of globalization.
Answer: A
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________ consumers drank an average of only 14 eight-ounce bottles of Coke in 2012, compared with an average of 241 bottles in Brazil and 745 bottles in Mexico, leading Coca-Cola to announce a $5 billion investment over 2012-2020
A) Venezuelan B) Indian C) Indonesian D) South African E) Chinese
Answer the following statements true (T) or false (F)
1. According to the Leadership Grid, opportunistic leaders rely primarily on the 5, 5 style of leadership. 2. Only leaders at the top level of an organization can effectively apply task and relationship behaviors. 3. The behavioral approach is used in many training and development programs. 4. A criticism of the behavioral approach is that the research on behavioral approaches has not adequately shown how leaders’ behaviors are associated with performance outcomes. 5. The behavioral approach works by telling leaders how to behave.
The costs associated with reduced inventory results in lower profits.
Answer the following statement true (T) or false (F)
Bravo Corporation recently issued 270-day commercial paper with a face value of $2,000,000 and a simple interest rate of 11 percent. The company paid a transaction fee equal to 0.4 percent of the issue, which was taken out of the issue amount before the company received any funds. Assuming there are 360 days in a year, what is the commercial paper's effective annual rate (rEAR)? (Round your answer to two decimal places.)
A. 12.85% B. 11.89% C. 11.58% D. 12.02% E. 12.82%