The learning curve rate is:
A) the percentage of time it will take to make each unit when the production rate doubles.
B) the log-log of the annual rate change divided by the average unit cost.
C) always based on constant value dollars.
D) only considered valid after one year of data is accumulated.
E) equal to at least 75%.
A
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Neminski, an Arab country, is renowned for its rich oil reserves. It earns approximately $1.3 billion annually by selling crude oil to other countries. Given this information, Neminski is most likely involved in _____.
A. foreign outsourcing B. exporting C. foreign franchising D. countertrade
Listed below are the current ratios of four different companies. Based on these current ratios, which company is in the most liquid position?
A. 2.1 B. 2.0 C. 2.5 D. 1.8
Answer the following statements true (T) or false (F)
1. Concentration of corporate power can be measured within a single industry by providing the percentage of sales controlled by the four or eight largest firms. 2. Mergers and acquisitions can reduce competition. 3. Suppliers in a commercial relationship are likely to experience a relationship of mutual interdependence based on trust and collaboration. 4. Business-to-business activity is based on trust and collaboration. 5. Supplier and customer relationships are governed formally through regulations. 6. Buyers and suppliers are sometimes confronted with ethical issues related to bribes, gifts, and hospitality.
The corporate tax system takes away the benefit of low rates on early income as income increases
Indicate whether the statement is true or false