A soft drink manufacturer who was thinking of investing in a bottling plant in the Czech Republic should know the nation is proud of the fact it is among the world's biggest beer drinkers. Czechs consume an average of one-half liter of beer a day for every man, woman, and child in the country. The _____ environment of this country could very easily prevent the soft drink bottling company from succeeding.
A. demographic
B. economic
C. cultural
D. political
E. technological
Answer: C
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All of the following are used to compute gross profit EXCEPT
a. sales. b. sales discounts. c. account receivables. d. purchases.
Clayton Drug Company purchases a patent from its creator. Which of the following is/are true?
a. A patent has a legal life of up to 40 years. b. Management's expectations of technological change may lead to a higher economic life than the legal life. c. Clayton should amortize the acquisition cost of the patent over its expected useful life, equal to the shorter of the economic life and the legal life. d. Clayton should amortize the acquisition cost of the patent over its legal life. e. Clayton should amortize the acquisition cost of the patent over its economic life.
From the following options, identify the commonly used shipping term that calls for the seller to arrange to ship the goods and put the goods in the carrier's possession
A) no-arrival, no-sale contract B) F.O.B. (free on board) C) ex-ship D) C.I.F. (cost, insurance, and freight)
ABC Airlines hires flight attendants from diverse backgrounds and puts them through an extensive training and orientation program before they are approved to fly. In addition to learning about responding to medical issues and FAA guidelines, they also must learn the company's many rules and processes as contained in an extensive procedures and policies manual. ABC Airlines is adopting a(n) ________ option for managing diversity.
A. assimilate B. suppress C. mutual adaptation D. tolerate E. deny