Answer the following statements true (T) or false (F)
1. In the long run, competitiveness depends on an industry's natural resources, its stock of machinery and equipment, and the skill of its workers in creating goods that people want to buy.
2. If a nation has an open economy, it means that the nation allows private ownership of capital.
3. Increased foreign competition tends to increase profits of domestic import-competing companies.
4. . A firm needs to reduce its production costs. One alternative to moving the production overseas where labor costs are generally lower is to move production to the southern United States where non unionized workers are more plentiful.
5. The term "economic interdependence" implies that the wealth and success of one country impacts the wealth and success of another country.
1. True
2. False
3. False
4. True
5. True
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When is a liability for cash dividends created?
A) At the end of each fiscal year. B) At the date of declaration. C) At the date of record. D) At the date of payment.
To prevent a cash crunch, a company must accurately forecast its actual cash flow.
Answer the following statement true (T) or false (F)
______has become an umbrella term for many types of malicious code
Fill in the blank(s) with correct word
Purchasing personnel use the ______________________________ data to identify potential suppliers that have been approved for use by the organization.
Fill in the blank(s) with the appropriate word(s).