In a formal buying organization, _____
a. existing personnel handle other functions
b. organization costs are low
c. the merchandising function is viewed as a distinct retail task
d. responsibility and authority are generally not clearly defined
c
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Finnish Company converts its foreign subsidiary financial statements using the translation process. The company's subsidiary in Denmark reported the following for 2014: revenues and expenses of 95,000 and 63,000 kroner, respectively, earned or incurred evenly throughout the year, dividends of 43,000 kroner were paid during the year. The following exchange rates are available: On January 1 . 2014
.................................... $2.50 On December 31 . 2014 .................................. 3.00 Average rate for 2014 ................................. 2.70 Rate when dividends were declared and paid ............ 2.90 Translated net income for 2014 is a. $86,400. b. $96,000. c. $(29,700). d. $(28,500).
Organizations can encourage creativity by:
a. using vague goals. b. stimulating employees to work harder. c. providing a bureaucratic job structure. d. promoting collaborative generosity.
Barnes and Noble sells online through its website, while also selling through physical store locations. This type of retailing is referred to as
A. brick-and-clicks. B. side-by-side. C. bricks-and-mortar. D. online-specialty. E. web-only.
The National Labor Relations Board's composition changes based on:
a. whether the current President of the United States is "pro-labor" or "pro-management" b. whether the current President of the United States is in his first or second term c. whether Democrats or Republicans have a majority in the Senate d. whether Democrats or Republicans have a majority in the House of Representatives e. the NLRB's composition does not change because there must always be a balance of "pro-labor" and "pro- management" members