Under what circumstances is it desirable to adopt a product-imitation strategy?
What will be an ideal response?
Product-imitation strategy can be justified because it transfers the risk of introducing an improved idea/product to someone else’s shoulders. Also, imitation might save R&D costs, which is important to companies with limited resources.
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Francesca, a human resource professional in the United States, is reviewing the plans to send a U.S.-born production manager to Argentina to oversee the opening of a new factory. What should Francesca most likely do about the potential for language barriers with this assignment?
A. Francesca should reassure the manager that English is the international language of business. B. Francesca should provide enough training to eliminate all language barriers during the assignment. C. Because the manager must be fluent in Spanish, Francesca should assume there are no language barriers. D. Francesca should provide a trainer to teach Spanish to the manager. E. Francesca should select a manager who can learn Spanish and cope with language barriers.
The equivalent units of production must be computed before the value of ending inventory can be determined in a process costing system
Indicate whether the statement is true or false
What type of retail audit can be conducted as exploratory research in evaluating a retailer's response to problems and opportunities?
a. nondisguised audit b. vertical audit c. disguised audit d. horizontal audit
The sales level at which operating income is zero is called the breakeven point
Indicate whether the statement is true or false