Managers of international companies that are attempting to develop a competitive advantage face a formidable challenge because
A. resources are no longer scarce in a globalizing world.
B. time is limited, even though financing and human resources are not.
C. there are few, if any, options for using the company's resources.
D. managers are forced to make choices regarding what to do and what not to do.
Answer: D
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An index of thirty major U.S. industrial companies is the
A. NASDAQ index. B. NYSE index. C. Dow Jones Industrial Average. D. S&P 500.
Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4100 tenant-days, but its actual level of activity was 4130 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:Data used in budgeting: Fixed element per month Variable element per tenant-dayRevenue - $35.00?Wages and salaries$3000? $8.00?Food and supplies 2000? 14.50?Facility expenses 8500? 3.50?Administrative expenses 7000? 0.50?Total expenses$20,500? $26.50??Actual results for March: Revenue$133,251? Wages and salaries$28,600? Food and supplies$62,225? Facility
expenses$22,550? Administrative expenses$7100? The spending variance for food and supplies in March would be closest to: A. $340 F B. $340 U C. $775 U D. $775 F
The fourth decimal place in a dealer's quote in the trade jargon is known as the
A) pip. B) round trip. C) spread. D) haircut.
What effects do deviations from the law of one price have on absolute purchasing power parity?
What will be an ideal response?