Turnkey projects being short-term propositions can be disadvantageous for a firm if a country subsequently proves to be a major market for the output of the process that has been exported. The firm can get around this problem by:
A. selling competitive advantage to competitors.
B. competing with the local firm in the global market.
C. taking a minority equity interest in the operation.
D. withholding vital process technology from the local firm.
E. establishing a joint venture with a local firm.
C
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Use the five transactions for Hennigan Company described below to answer the question(s) that follow(s). Dec 1 Hennigan purchases two new saws on credit at $375 each. The saws are added to Hennigan's rental inventory. Payment is due in 30 days. 8 Hennigan accepts advance deposits for tool Company of $75. 15 Hennigan receives a bill from Farmer's Electric Company for $150 . Payment is due in 30
days. 20 Customers are charged $750 by Hennigan for tool Company. Payment is due from the customers in 30 days. 31 Hennigan receives $500 in payments from the customers that were billed for Company on December 20. Refer to the transactions for Hennigan Rentals. Based on the October 15 transaction, Farmer's Electric will record which of the following in its accounting records? a. a credit in Accounts Payable for $150. b. a credit in Accounts Receivable for $150. c. a debit in Accounts Payable for $150. d. a debit in Accounts Receivable for $150.
Why should you prepare an agenda even for informal meetings?
A) It will give you a record of what has been discussed. B) It will help focus the attention of all participants. C) It enables you to inform participants of the day, time, and place. D) It will cover reports of previous meetings. E) It will convince participants of the need for a meeting.
In the maturity stage of the product life cycle, operations managers will be particularly concerned with adding capacity or enhancing existing capacity to accommodate the increase in product demand
Indicate whether the statement is true or false
Assume that the current yield curve is upward sloping or normal. This implies that:
A. short-term interest rates are more volatile than long-term rates. B. inflation is expected to subside in the future. C. the economy is at the trough of a business cycle. D. long-term bonds are less attractive to investors than short-term bonds. E. short-term interest rates are lower than the long-term interest rates.