With _____, a domestic firm assumes an equity position (partial ownership) in a foreign firm to manufacture and/or market the domestic company's goods.

A. direct investment
B. a joint venture
C. a buying-for-export agreement
D. a contractual agreement
E. a franchise relationship


Answer: B

Business

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The capital structure leverage ratio indicates

a. the sales generated from each dollar of assets. b. the portion of the sales dollar left over for the common shareholders after covering all operating costs and subtracting claims of creditors and preferred shareholders. c. the portion of the sales dollar left over for the preferred shareholders after covering all operating costs and subtracting claims of creditors and common shareholders. d. the proportion of total assets, or total financing, provided by common shareholders contrasted with the financing provided by creditors and preferred shareholders. e. the proportion of total assets, or total financing, provided by preferred shareholders contrasted with the financing provided by creditors and common shareholders.

Business

Based on Bluto's conduct, Cass reasonably believes that Dee has the authority to act on Bluto's behalf even though Dee does not have the actual authority to do so. Cass makes a payment to Dee for Bluto. Dee keeps the money and disappears. Bluto

A. can demand that Cass make a repayment directly to Bluto. B. can obtain damages from Cass for Dee's misconduct. C. may be estopped from denying that Dee had authority. D. must repudiate Dee's misconduct to avoid liability.

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eBusiness is an adaptive technology as opposed to ERP which is a disruptive technology

Indicate whether the statement is true or false

Business

True or False The maximum criterion specifies that we select the decision alternative having the lowest maximum payoff

Indicate whether the statement is true or false

Business