Increasing globalization of markets and competition provides a reason for multinational firms to consider new-product development from a worldwide perspective
Indicate whether the statement is true or false
a. True
b. False
ANSWER: True
Increasing globalization of markets and competition provides a reason for multinational firms to consider new-product development from a worldwide perspective. A firm that starts with a global strategy is better able to develop products that are marketable worldwide.
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Use the information below for Soho Inc for 2016 and 2017 to answer the following question. Equipment, December 31, 2016 $65,000 Equipment, December 31, 2017 72,000 Accumulated depreciation, December 31, 2016 39,000 Accumulated depreciation, December 31, 2017 30,000 During 2016, Soho Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was recognized
on the sale of the equipment This was the only equipment sale during the year. What amount would be reported as the cash proceeds from the sale of equipment? a. $2,000 b. $3,000 c. $5,000 d. $8,000
What is the purpose of self-insurance?
A. Eliminate the risk B. Provide a means for covering losses C. Create high insurance costs D. Develop a new policy to be purchased by the insured
Most actively-managed mutual funds, when compared to a market index such as the Wilshire 5000,
A. beat the market return in most years. B. exceed the return on index funds. C. do not outperform the market. D. beat the market return in all years.
All of the following are characteristics of group incentive plans except:
a. performance is directly controlled by employees. b. teamwork is encouraged. c. the approach can be used for a wide variety of tasks. d. all employees in the organization can be included.